210 E Petty LnWinchesterTN37398
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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 Winchester at 210 E Petty Ln, Winchester, TN, 37398 priced at $242,000 pairs $1,646/mo rent with $198/mo cash flow after a $1,184/mo payment. Total monthly income equals $1,646/mo, and annual cash flow comes to $2,374/yr on $80,223 invested. Return on cash invested is 22.87% in year one, and rental yield stands at 8.16% on a $242,000 basis. Equity gained on principal adds $1,562/yr, and 5% annual appreciation accumulates to $66,860 by year five. Five-year ROI measures 118.45% and total cumulative return in cash reaches $95,022. For financing, Ziffy Mortgage’s DSCR program evaluates $1,646/mo property income against a $1,184/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37398, Winchester, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,003 (100%) |
| Owner Occupied HU | 5,043 (63.0%) |
| Renter Occupied HU | 1,741 (21.8%) |
| Vacant Housing Units | 1,219 (15.2%) |
| Median Home Value | $329,952 |
| Average Home Value | $399,299 |
Housing Distribution
Address Breakdown
Residential
7,506
Single Family
7,391
Multi-Family
115
Businesses
714
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Listed by: Patricia Mathis • Lake Homes Realty, LLC
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3039433