229 Funn Branch RdGainesboroTN38562
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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
Investment property for sale in Gainesboro at 229 Funn Branch Rd, Gainesboro, TN, 38562 listed at $329,900 pairs $2,292/mo rent with a $1,615/mo payment to leave $317/mo cash flow. Total monthly income runs $2,292/mo, and annual cash flow reaches $3,802/yr on $109,362 cash to close. Return on cash invested measures 23.39% in year one, and rental yield registers 8.34% at a $329,900 basis. Equity gained on principal adds $2,129/yr, and annual property appreciation at 5% supports $91,145 by year five. Five-year ROI tracks 121.21% and total cumulative return in cash totals $132,555. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,292/mo property income relative to a $1,615/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38562, Gainesboro, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,543 (100%) |
| Owner Occupied HU | 2,370 (66.9%) |
| Renter Occupied HU | 637 (18.0%) |
| Vacant Housing Units | 536 (15.1%) |
| Median Home Value | $191,111 |
| Average Home Value | $237,893 |
Housing Distribution
Address Breakdown
Residential
3,050
Single Family
2,965
Multi-Family
85
Businesses
201
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Listed by: Kevin Cummins • First Realty Company
Mls Name: UCMLS
Mls Provider:
Mls ID: #235446
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