207 Stevens StUnion CityTN38261
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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 Union City at 207 Stevens St, Union City, TN, 38261 priced at $269,000 pairs $1,905/mo rent with $294/mo cash flow after a $1,317/mo payment. Total monthly income equals $1,905/mo, and annual cash flow comes to $3,532/yr on $89,174 invested. Return on cash invested is 23.87% in year one, and rental yield stands at 8.5% on a $269,000 basis. Equity gained on principal adds $1,736/yr, and 5% annual appreciation accumulates to $74,320 by year five. Five-year ROI measures 123.86% and total cumulative return in cash reaches $110,447. For financing, Ziffy Mortgage’s DSCR program evaluates $1,905/mo property income against a $1,317/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38261, Union City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,533 (100%) |
| Owner Occupied HU | 4,170 (55.4%) |
| Renter Occupied HU | 2,739 (36.4%) |
| Vacant Housing Units | 624 ( 8.3%) |
| Median Home Value | $193,936 |
| Average Home Value | $230,429 |
Housing Distribution
Address Breakdown
Residential
7,113
Single Family
6,799
Multi-Family
314
Businesses
648
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Listed by: Connie A. Fry • C21 Golden Service Realty & Au
Mls Name: CWTAR
Mls ID: #2503721