203 5th Ave NDecherdTN37324
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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 Decherd at 203 5th Ave N, Decherd, TN, 37324 listed at $249,900 pairs $1,697/mo rent with a $1,223/mo payment to leave $201/mo cash flow. Total monthly income runs $1,697/mo, and annual cash flow reaches $2,414/yr on $82,842 cash to close. Return on cash invested measures 22.82% in year one, and rental yield registers 8.15% at a $249,900 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,043 by year five. Five-year ROI tracks 118.23% and total cumulative return in cash totals $97,946. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,697/mo property income relative to a $1,223/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37324, Decherd, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,594 (100%) |
| Owner Occupied HU | 1,560 (60.1%) |
| Renter Occupied HU | 771 (29.7%) |
| Vacant Housing Units | 263 (10.1%) |
| Median Home Value | $264,407 |
| Average Home Value | $304,237 |
Housing Distribution
Address Breakdown
Residential
2,390
Single Family
2,301
Multi-Family
89
Businesses
176
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