240 Old Rutledge PikeBlaineTN37709
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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 Blaine at 240 Old Rutledge Pike, Blaine, TN, 37709 at $285,900 posts ROI 24.07% with $329/mo cash flow from $2,040/mo rent. Total monthly income equals $2,040/mo, and annual cash flow records $3,947/yr on $94,776 to close. Return on cash invested measures 24.07% and rental yield reads 8.56% at the current $285,900. Equity gained on principal adds $1,845/yr, and 5% annual appreciation supports $78,989 by year five. Five-year ROI prints 124.89% and total cumulative return in cash totals $118,369.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,040/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1963
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37709, Blaine, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,743 (100%) |
| Owner Occupied HU | 1,284 (73.7%) |
| Renter Occupied HU | 303 (17.4%) |
| Vacant Housing Units | 156 ( 9.0%) |
| Median Home Value | $303,601 |
| Average Home Value | $334,239 |
Housing Distribution
Address Breakdown
Residential
1,700
Single Family
1,700
Multi-Family
0
Businesses
99
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