1305 Baker StTroyTN38260
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Troy at 1305 Baker St, Troy, TN, 38260 uses $61,328 cash to close to unlock $4,044/yr annual cash flow and $337/mo monthly cash flow. Total monthly income runs $1,444/mo, and a $905/mo payment keeps the spread at $337/mo. Purchase price stands at $185,000, and rental yield measures 9.37% with $1,444/mo rent. Return on cash invested shows 26.5% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 138.03% and total cumulative return in cash records $84,651. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,444/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1989
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38260, Troy, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,785 (100%) |
| Owner Occupied HU | 1,299 (72.8%) |
| Renter Occupied HU | 332 (18.6%) |
| Vacant Housing Units | 154 ( 8.6%) |
| Median Home Value | $188,377 |
| Average Home Value | $254,629 |
Housing Distribution
Address Breakdown
Residential
1,594
Single Family
1,594
Multi-Family
0
Businesses
95
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Listed by: Andrew Bargery • WENDELL ALEXANDER REALTY
Mls Name: RRAR
Mls ID: #45280
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.