2320 31w Hwy SWhite HouseTN37188
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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 White House at 2320 31w Hwy S, White House, TN, 37188 uses $109,362 cash to close to unlock $706/yr annual cash flow and $59/mo monthly cash flow. Total monthly income runs $2,034/mo, and a $1,615/mo payment keeps the spread at $59/mo. Purchase price stands at $329,900, and rental yield measures 7.4% with $2,034/mo rent. Return on cash invested shows 20.55% in year one, and 5% annual appreciation builds toward $91,145 over five years. Five-year ROI reaches 106.03% and total cumulative return in cash records $115,959. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,034/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Single Family
Built in 1940
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37188, White House, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,605 (100%) |
| Owner Occupied HU | 6,438 (74.8%) |
| Renter Occupied HU | 1,739 (20.2%) |
| Vacant Housing Units | 428 ( 5.0%) |
| Median Home Value | $342,177 |
| Average Home Value | $430,544 |
Housing Distribution
Address Breakdown
Residential
7,560
Single Family
7,152
Multi-Family
408
Businesses
629
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Listed by: Cody West • Benchmark Realty, LLC
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3098827