1813 Wedgewood DrUnion 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
Investment property for sale in Union City at 1813 Wedgewood Dr, Union City, TN, 38261 uses $99,417 cash to close to unlock $4,435/yr annual cash flow and $370/mo monthly cash flow. Total monthly income runs $2,165/mo, and a $1,468/mo payment keeps the spread at $370/mo. Purchase price stands at $299,900, and rental yield measures 8.66% with $2,165/mo rent. Return on cash invested shows 24.37% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 126.5% and total cumulative return in cash records $125,764. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,165/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.55 Acres 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: Terry R. Petty • FULLER PARTNERS REAL ESTATE
Mls Name: RRAR
Mls ID: #45604
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.