2000 State Highway 213TiptonvilleTN38079
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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 Tiptonville at 2000 State Highway 213, Tiptonville, TN, 38079 uses $39,747 cash to close to unlock $1,465/yr annual cash flow and $122/mo monthly cash flow. Total monthly income runs $840/mo, and a $587/mo payment keeps the spread at $122/mo. Purchase price stands at $119,900, and rental yield measures 8.41% with $840/mo rent. Return on cash invested shows 23.6% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 122.45% and total cumulative return in cash records $48,672. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $840/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1967
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38079, Tiptonville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,496 (100%) |
| Owner Occupied HU | 694 (46.4%) |
| Renter Occupied HU | 566 (37.8%) |
| Vacant Housing Units | 236 (15.8%) |
| Median Home Value | $181,753 |
| Average Home Value | $255,634 |
Housing Distribution
Address Breakdown
Residential
1,418
Single Family
1,368
Multi-Family
50
Businesses
137
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Listed by: Seth Rodgers • Renshaw Company, REALTORS
Mls Name: CWTAR
Mls ID: #2503509