208 Trevathan StGleasonTN38229
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Gleason at 208 Trevathan St, Gleason, TN, 38229 offers a 15.66% rental yield on a $137,400 purchase with $1,793/mo rent. Total monthly income registers $1,793/mo, and a $673/mo payment leaves $970/mo available for distribution. Annual cash flow reaches $11,640/yr on $45,548 to close, and return on cash invested stands at 45.46% in year one. Equity gained on principal adds $887/yr while 5% annual appreciation supports $37,961 over five years. Portfolio math shows five-year ROI at 239.64% and total cumulative return in cash at $109,150. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,793/mo property income against a $673/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38229, Gleason, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,240 (100%) |
| Owner Occupied HU | 854 (68.9%) |
| Renter Occupied HU | 283 (22.8%) |
| Vacant Housing Units | 103 ( 8.3%) |
| Median Home Value | $166,883 |
| Average Home Value | $187,810 |
Housing Distribution
Address Breakdown
Residential
1,129
Single Family
1,129
Multi-Family
0
Businesses
68
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices