1583 Coburn RdBrownsvilleTN38012
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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 Brownsville at 1583 Coburn Rd, Brownsville, TN, 38012 uses $82,842 cash to close to unlock $7,334/yr annual cash flow and $611/mo monthly cash flow. Total monthly income runs $2,107/mo, and a $1,223/mo payment keeps the spread at $611/mo. Purchase price stands at $249,900, and rental yield measures 10.12% with $2,107/mo rent. Return on cash invested shows 28.76% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 150.1% and total cumulative return in cash records $124,346. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,107/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 2002
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38012, Brownsville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,235 (100%) |
| Owner Occupied HU | 3,273 (52.5%) |
| Renter Occupied HU | 2,315 (37.1%) |
| Vacant Housing Units | 647 (10.4%) |
| Median Home Value | $219,276 |
| Average Home Value | $274,950 |
Housing Distribution
Address Breakdown
Residential
6,009
Single Family
5,728
Multi-Family
281
Businesses
597
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Listed by: Chris Sherrod Hutchison • CRYE*LEIKE Blue Skies Real Es
Mls Name: CWTAR
Mls ID: #2505207