21 Covington StStantonTN38069
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 21 Covington St, Stanton, TN, 38069 in Stanton at $210,000 earns $1,437/mo in rent and nets $180/mo after the $944/mo payment, a 8.21% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $58,019 over five years. Ziffy Mortgage underwrites this on a 1.52 DSCR without U.S. credit history. With $1,934/yr in principal paydown, total projected return reaches $91,039.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.2% |
| Monthly Cash Flow | $180 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,437 |
| Total Monthly Debt Service | $1,174 |
| DSCR Ratio | 1.22x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1950
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38069, Stanton, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,202 (100%) |
| Owner Occupied HU | 744 (61.9%) |
| Renter Occupied HU | 303 (25.2%) |
| Vacant Housing Units | 155 (12.9%) |
| Median Home Value | $188,816 |
| Average Home Value | $212,604 |
Housing Distribution
Address Breakdown
Residential
876
Single Family
876
Multi-Family
0
Businesses
53
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
Single Family
Built in 1950
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38069, Stanton, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,202 (100%) |
| Owner Occupied HU | 744 (61.9%) |
| Renter Occupied HU | 303 (25.2%) |
| Vacant Housing Units | 155 (12.9%) |
| Median Home Value | $188,816 |
| Average Home Value | $212,604 |
Housing Distribution
Address Breakdown
Residential
876
Single Family
876
Multi-Family
0
Businesses
53
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joshua Lynn Arnold • L A Realty,LLC
Mls Name: CWTAR
Mls Provider:
Mls ID: #2502361
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