1544 Midway RdSewaneeTN37375
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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 Sewanee at 1544 Midway Rd, Sewanee, TN, 37375 offers a 6.15% rental yield on a $322,200 purchase with $1,650/mo rent. 78% in year one. Equity gained on principal adds $2,079/yr while 5% annual appreciation supports $89,018 over five years. Portfolio math shows five-year ROI at 85.81% and total cumulative return in cash at $91,654. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,650/mo property income against a $1,577/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37375, Sewanee, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,399 (100%) |
| Owner Occupied HU | 838 (59.9%) |
| Renter Occupied HU | 259 (18.5%) |
| Vacant Housing Units | 302 (21.6%) |
| Median Home Value | $358,854 |
| Average Home Value | $381,372 |
Housing Distribution
Address Breakdown
Residential
1,176
Single Family
1,176
Multi-Family
0
Businesses
83
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