199 Richard StSouth FultonTN38257
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Nearby investment properties with comparable prices
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 South Fulton at 199 Richard St, South Fulton, TN, 38257 priced at $157,500 pairs $1,487/mo rent with $544/mo cash flow after a $771/mo payment. Total monthly income equals $1,487/mo, and annual cash flow comes to $6,529/yr on $52,211 invested. Return on cash invested is 32.41% in year one, and rental yield stands at 11.33% on a $157,500 basis. Equity gained on principal adds $1,016/yr, and 5% annual appreciation accumulates to $43,514 by year five. Five-year ROI measures 169.73% and total cumulative return in cash reaches $88,617. For financing, Ziffy Mortgage’s DSCR program evaluates $1,487/mo property income against a $771/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38257, South Fulton, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,009 (100%) |
| Owner Occupied HU | 1,362 (67.8%) |
| Renter Occupied HU | 450 (22.4%) |
| Vacant Housing Units | 197 ( 9.8%) |
| Median Home Value | $148,200 |
| Average Home Value | $211,538 |
Housing Distribution
Address Breakdown
Residential
1,848
Single Family
1,848
Multi-Family
0
Businesses
129
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Listed by: Julie Dane • TENNESSEE UNITED REAL ESTATE, LLC
Mls Name: RRAR
Mls ID: #45229
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.