198 2nd AveDaytonTN37321
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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 Dayton at 198 2nd Ave, Dayton, TN, 37321 offers a 10.51% rental yield on a $185,000 purchase with $1,620/mo rent. Total monthly income registers $1,620/mo, and a $905/mo payment leaves $513/mo available for distribution. Annual cash flow reaches $6,156/yr on $61,328 to close, and return on cash invested stands at 29.95% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 156.48% and total cumulative return in cash at $95,967. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,620/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37321, Dayton, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,995 (100%) |
| Owner Occupied HU | 5,405 (60.1%) |
| Renter Occupied HU | 2,774 (30.8%) |
| Vacant Housing Units | 816 ( 9.1%) |
| Median Home Value | $232,649 |
| Average Home Value | $272,171 |
Housing Distribution
Address Breakdown
Residential
8,481
Single Family
8,433
Multi-Family
48
Businesses
755
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