219 Womble RdFarnerTN37333
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
Rental property for sale in Farner at 219 Womble Rd, Farner, TN, 37333 offers $1,644/mo rent that, after a $1,121/mo payment, leaves $273/mo cash flow. Total monthly income is $1,644/mo, and annual cash flow is $3,276/yr on $75,914 cash. Return on cash invested measures 24.22% in year one, and rental yield stands at 8.61% at a $229,000 entry. Equity gained on principal adds $1,478/yr while 5% annual appreciation compounds into $63,268 by year five. Five-year ROI records 125.8% and total cumulative return in cash reaches $95,501. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,644/mo property income versus a $1,121/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2006
4.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37333, Farner, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 301 (100%) |
| Owner Occupied HU | 212 (70.4%) |
| Renter Occupied HU | 34 (11.3%) |
| Vacant Housing Units | 55 (18.3%) |
| Median Home Value | $185,938 |
| Average Home Value | $213,432 |
Housing Distribution
Address Breakdown
Residential
204
Single Family
204
Multi-Family
0
Businesses
3
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