202 N Court StTiptonvilleTN38079
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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 Tiptonville at 202 N Court St, Tiptonville, TN, 38079 offers $1,320/mo rent that, after a $778/mo payment, leaves $368/mo cash flow. Total monthly income is $1,320/mo, and annual cash flow is $4,421/yr on $52,709 cash. Return on cash invested measures 28.3% in year one, and rental yield stands at 9.96% at a $159,000 entry. Equity gained on principal adds $1,026/yr while 5% annual appreciation compounds into $43,929 by year five. Five-year ROI records 147.62% and total cumulative return in cash reaches $77,808. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,320/mo property income versus a $778/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
0.36 Acres 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: Shaelyn Turnbo • Carousel Realty of Dyer County
Mls Name: CWTAR
Mls ID: #2503267