1323 Highway 39 EEnglewoodTN37329
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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 Englewood at 1323 Highway 39 E, Englewood, TN, 37329 offers a 9.19% rental yield on a $129,900 purchase with $995/mo rent. Total monthly income registers $995/mo, and a $636/mo payment leaves $217/mo available for distribution. Annual cash flow reaches $2,606/yr on $43,062 to close, and return on cash invested stands at 25.96% in year one. Equity gained on principal adds $838/yr while 5% annual appreciation supports $35,889 over five years. Portfolio math shows five-year ROI at 135.14% and total cumulative return in cash at $58,195. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $995/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37329, Englewood, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,775 (100%) |
| Owner Occupied HU | 1,910 (68.8%) |
| Renter Occupied HU | 524 (18.9%) |
| Vacant Housing Units | 341 (12.3%) |
| Median Home Value | $227,861 |
| Average Home Value | $275,962 |
Housing Distribution
Address Breakdown
Residential
2,320
Single Family
2,320
Multi-Family
0
Businesses
70
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