240 White Oak DrDecaturTN37322
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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 Decatur at 240 White Oak Dr, Decatur, TN, 37322 uses $97,793 cash to close to unlock $4,488/yr annual cash flow and $374/mo monthly cash flow. Total monthly income runs $2,140/mo, and a $1,444/mo payment keeps the spread at $374/mo. Purchase price stands at $295,000, and rental yield measures 8.71% with $2,140/mo rent. Return on cash invested shows 24.5% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 127.18% and total cumulative return in cash records $124,370. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,140/mo property income covering a $1,444/mo payment rather than investor’s personal income.
Single Family
Built in 1976
1.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37322, Decatur, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,189 (100%) |
| Owner Occupied HU | 2,911 (69.5%) |
| Renter Occupied HU | 830 (19.8%) |
| Vacant Housing Units | 448 (10.7%) |
| Median Home Value | $211,136 |
| Average Home Value | $290,059 |
Housing Distribution
Address Breakdown
Residential
3,846
Single Family
3,823
Multi-Family
23
Businesses
196
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