160 Hartland DrMadisonvilleTN37354
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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 Madisonville at 160 Hartland Dr, Madisonville, TN, 37354 priced at $374,900 converts $2,513/mo rent into $269/mo cash flow after a $1,835/mo obligation. Total monthly income equals $2,513/mo, and annual cash flow totals $3,225/yr on $124,279 invested. Return on cash invested prints 22.5% in year one, and rental yield reads 8.04% against a $374,900 entry. Equity gained on principal adds $2,419/yr, while 5% annual appreciation compiles into $103,578 by year five. Five-year ROI reaches 116.49% and total cumulative return in cash sums $144,775. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,513/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Single Family
Built in 2006
1.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37354, Madisonville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,141 (100%) |
| Owner Occupied HU | 5,449 (66.9%) |
| Renter Occupied HU | 1,982 (24.3%) |
| Vacant Housing Units | 710 ( 8.7%) |
| Median Home Value | $230,365 |
| Average Home Value | $262,682 |
Housing Distribution
Address Breakdown
Residential
7,617
Single Family
7,601
Multi-Family
16
Businesses
566
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Listed by: Tim Powell • Keller Williams Signature
Mls Name: East Tennessee Realtors
Mls ID: #1319798