230 Pennsylvania AveEtowahTN37331
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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 Etowah at 230 Pennsylvania Ave, Etowah, TN, 37331 priced at $130,000 pairs $1,260/mo rent with $482/mo cash flow after a $636/mo payment. Total monthly income equals $1,260/mo, and annual cash flow comes to $5,785/yr on $43,095 invested. Return on cash invested is 33.33% in year one, and rental yield stands at 11.63% on a $130,000 basis. Equity gained on principal adds $839/yr, and 5% annual appreciation accumulates to $35,917 by year five. Five-year ROI measures 174.68% and total cumulative return in cash reaches $75,279. For financing, Ziffy Mortgage’s DSCR program evaluates $1,260/mo property income against a $636/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1916
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37331, Etowah, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,910 (100%) |
| Owner Occupied HU | 2,438 (62.4%) |
| Renter Occupied HU | 891 (22.8%) |
| Vacant Housing Units | 581 (14.9%) |
| Median Home Value | $222,136 |
| Average Home Value | $285,983 |
Housing Distribution
Address Breakdown
Residential
3,403
Single Family
3,387
Multi-Family
16
Businesses
238
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