1315 Highway 31MooresburgTN37811
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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 Mooresburg at 1315 Highway 31, Mooresburg, TN, 37811 uses $77,903 cash to close to unlock $3,270/yr annual cash flow and $272/mo monthly cash flow. Total monthly income runs $1,679/mo, and a $1,150/mo payment keeps the spread at $272/mo. Purchase price stands at $235,000, and rental yield measures 8.57% with $1,679/mo rent. Return on cash invested shows 24.11% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 125.13% and total cumulative return in cash records $97,480. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,679/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in 1958
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37811, Mooresburg, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,188 (100%) |
| Owner Occupied HU | 1,453 (66.4%) |
| Renter Occupied HU | 309 (14.1%) |
| Vacant Housing Units | 426 (19.5%) |
| Median Home Value | $201,674 |
| Average Home Value | $275,406 |
Housing Distribution
Address Breakdown
Residential
1,839
Single Family
1,839
Multi-Family
0
Businesses
45
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