213 W Main StHallsTN38040
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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 Halls at 213 W Main St, Halls, TN, 38040 offers $3,571/mo rent that, after a $2,555/mo payment, leaves $446/mo cash flow. Total monthly income is $3,571/mo, and annual cash flow is $5,354/yr on $171,738 cash. Return on cash invested measures 23.18% in year one, and rental yield stands at 8.21% at a $522,000 entry. Equity gained on principal adds $3,368/yr while 5% annual appreciation compounds into $144,219 by year five. Five-year ROI records 120.09% and total cumulative return in cash reaches $206,235. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,571/mo property income versus a $2,555/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38040, Halls, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,177 (100%) |
| Owner Occupied HU | 1,306 (60.0%) |
| Renter Occupied HU | 651 (29.9%) |
| Vacant Housing Units | 220 (10.1%) |
| Median Home Value | $119,071 |
| Average Home Value | $153,419 |
Housing Distribution
Address Breakdown
Residential
2,169
Single Family
2,169
Multi-Family
0
Businesses
154
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