1516 Rutherford StUnion CityTN38261
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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
Rental property for sale in Union City at 1516 Rutherford St, Union City, TN, 38261 priced at $330,000 converts $2,311/mo rent into $336/mo cash flow after a $1,615/mo obligation. Total monthly income equals $2,311/mo, and annual cash flow totals $4,029/yr on $109,395 invested. Return on cash invested prints 23.59% in year one, and rental yield reads 8.4% against a $330,000 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation compiles into $91,173 by year five. Five-year ROI reaches 122.33% and total cumulative return in cash sums $133,823. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,311/mo property income covering a $1,615/mo payment, not borrower’s personal income.
Townhouse
Built in 2020
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38261, Union City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,533 (100%) |
| Owner Occupied HU | 4,170 (55.4%) |
| Renter Occupied HU | 2,739 (36.4%) |
| Vacant Housing Units | 624 ( 8.3%) |
| Median Home Value | $193,936 |
| Average Home Value | $230,429 |
Housing Distribution
Address Breakdown
Residential
7,113
Single Family
6,799
Multi-Family
314
Businesses
648
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Listed by: Davy Rainey • CENTURY 21 GOLDEN SERVICE REALTY
Mls Name: RRAR
Mls ID: #45231
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.