207 Powell StDecherdTN37324
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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 207 Powell St, Decherd, TN, 37324 uses $46,410 cash to close to unlock $2,810/yr annual cash flow and $234/mo monthly cash flow. Total monthly income runs $1,072/mo, and a $685/mo payment keeps the spread at $234/mo. Purchase price stands at $139,999, and rental yield measures 9.19% with $1,072/mo rent. Return on cash invested shows 25.96% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 135.15% and total cumulative return in cash records $62,722. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,072/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1948
0.31 Acres 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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