214 E Rhea AveDaytonTN37321
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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 Dayton at 214 E Rhea Ave, Dayton, TN, 37321 generates $2,533/mo in rent and, after a $750/mo payment, leaves $1,616/mo in cash flow. Total monthly income is $2,533/mo, and annual cash flow is $19,389/yr on $50,786 invested. Return on cash invested sits at 58.09% in year one, and rental yield is 19.84% on a $153,200 entry. Equity gained on principal adds $989/yr, while 5% annual appreciation builds toward $42,326 over five years. Five-year ROI reaches 307.32% and total cumulative return in cash sums $156,075. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,533/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37321, Dayton, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,995 (100%) |
| Owner Occupied HU | 5,405 (60.1%) |
| Renter Occupied HU | 2,774 (30.8%) |
| Vacant Housing Units | 816 ( 9.1%) |
| Median Home Value | $232,649 |
| Average Home Value | $272,171 |
Housing Distribution
Address Breakdown
Residential
8,481
Single Family
8,433
Multi-Family
48
Businesses
755
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