2211 Wedgewood DrUnion CityTN38261
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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 Union City at 2211 Wedgewood Dr, Union City, TN, 38261 offers $3,409/mo rent that, after a $2,325/mo payment, leaves $565/mo cash flow. Total monthly income is $3,409/mo, and annual cash flow is $6,786/yr on $157,463 cash. Return on cash invested measures 24.22% in year one, and rental yield stands at 8.61% at a $475,000 entry. Equity gained on principal adds $3,065/yr while 5% annual appreciation compounds into $131,234 by year five. Five-year ROI records 125.7% and total cumulative return in cash reaches $197,923. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,409/mo property income versus a $2,325/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38261, Union City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,533 (100%) |
| Owner Occupied HU | 4,170 (55.4%) |
| Renter Occupied HU | 2,739 (36.4%) |
| Vacant Housing Units | 624 ( 8.3%) |
| Median Home Value | $193,936 |
| Average Home Value | $230,429 |
Housing Distribution
Address Breakdown
Residential
7,113
Single Family
6,799
Multi-Family
314
Businesses
648
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Listed by: Terry R. Petty • FULLER PARTNERS REAL ESTATE
Mls Name: RRAR
Mls ID: #45527
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.