205 Morefield RdButlerTN37640
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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 Butler at 205 Morefield Rd, Butler, TN, 37640 earns from $1,217/mo rent with a $1,713/mo payment. Total monthly income totals $1,217/mo. ROI tracks 10.83% on current figures, and rental yield reads 4.17% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 53.88% and total cumulative return in cash sums $62,510. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,217/mo property income instead of your personal income.
Home Type Unknown
Built in 2012
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37640, Butler, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,436 (100%) |
| Owner Occupied HU | 1,423 (58.4%) |
| Renter Occupied HU | 312 (12.8%) |
| Vacant Housing Units | 701 (28.8%) |
| Median Home Value | $182,172 |
| Average Home Value | $251,073 |
Housing Distribution
Address Breakdown
Residential
2,069
Single Family
2,069
Multi-Family
0
Businesses
64
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