2013 Ovoca RdTullahomaTN37388
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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 Tullahoma at 2013 Ovoca Rd, Tullahoma, TN, 37388 listed at $277,900 pairs $2,520/mo rent with a $1,360/mo payment to leave $857/mo cash flow. Total monthly income runs $2,520/mo, and annual cash flow reaches $10,280/yr on $92,124 cash to close. Return on cash invested measures 31.07% in year one, and rental yield registers 10.88% at a $277,900 basis. Equity gained on principal adds $1,793/yr, and annual property appreciation at 5% supports $76,779 by year five. Five-year ROI tracks 162.42% and total cumulative return in cash totals $149,625. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,520/mo property income relative to a $1,360/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1932
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37388, Tullahoma, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,255 (100%) |
| Owner Occupied HU | 7,815 (63.8%) |
| Renter Occupied HU | 3,480 (28.4%) |
| Vacant Housing Units | 960 ( 7.8%) |
| Median Home Value | $279,352 |
| Average Home Value | $313,478 |
Housing Distribution
Address Breakdown
Residential
11,530
Single Family
11,101
Multi-Family
429
Businesses
1,213
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