197 Poplar StGadsdenTN38337
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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 Gadsden at 197 Poplar St, Gadsden, TN, 38337 priced at $169,900 converts $1,627/mo rent into $610/mo cash flow after a $832/mo obligation. Total monthly income equals $1,627/mo, and annual cash flow totals $7,314/yr on $56,322 invested. Return on cash invested prints 32.9% in year one, and rental yield reads 11.49% against a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation compiles into $46,940 by year five. Five-year ROI reaches 172.26% and total cumulative return in cash sums $97,022. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,627/mo property income covering a $832/mo payment, not borrower’s personal income.
Single Family
Built in 1967
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38337, Gadsden, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 584 (100%) |
| Owner Occupied HU | 421 (72.1%) |
| Renter Occupied HU | 113 (19.3%) |
| Vacant Housing Units | 50 ( 8.6%) |
| Median Home Value | $191,912 |
| Average Home Value | $228,189 |
Housing Distribution
Address Breakdown
Residential
555
Single Family
555
Multi-Family
0
Businesses
21
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Listed by: Chris S Hutchison • CRYE*LEIKE Blue Skies Real Es
Mls Name: CWTAR
Mls Provider:
Mls ID: #2501458
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