234 Chester StFriendshipTN38034
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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 Friendship at 234 Chester St, Friendship, TN, 38034 at $170,000 posts ROI 34.48% with $684/mo cash flow from $1,702/mo rent. Total monthly income equals $1,702/mo, and annual cash flow records $8,213/yr on $56,355 to close. Return on cash invested measures 34.48% and rental yield reads 12.01% at the current $170,000. Equity gained on principal adds $1,097/yr, and 5% annual appreciation supports $46,968 by year five. Five-year ROI prints 180.78% and total cumulative return in cash totals $101,877.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,702/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1954
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38034, Friendship, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,420 (100%) |
| Owner Occupied HU | 956 (67.3%) |
| Renter Occupied HU | 321 (22.6%) |
| Vacant Housing Units | 143 (10.1%) |
| Median Home Value | $146,575 |
| Average Home Value | $204,971 |
Housing Distribution
Address Breakdown
Residential
1,153
Single Family
1,153
Multi-Family
0
Businesses
62
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Listed by: Adam Dawson • Weichert, REALTORS-BenchMark
Mls Name: CWTAR
Mls Provider:
Mls ID: #246686
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