2434 Old State Route 34LimestoneTN37681
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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 Limestone at 2434 Old State Route 34, Limestone, TN, 37681 offers a 15.48% rental yield on a $229,900 purchase with $2,965/mo rent. Total monthly income registers $2,965/mo, and a $1,125/mo payment leaves $1,589/mo available for distribution. Annual cash flow reaches $19,068/yr on $76,212 to close, and return on cash invested stands at 44.93% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,517 over five years. Portfolio math shows five-year ROI at 236.8% and total cumulative return in cash at $180,467. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,965/mo property income against a $1,125/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1927
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37681, Limestone, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,870 (100%) |
| Owner Occupied HU | 2,158 (75.2%) |
| Renter Occupied HU | 403 (14.0%) |
| Vacant Housing Units | 309 (10.8%) |
| Median Home Value | $273,043 |
| Average Home Value | $299,532 |
Housing Distribution
Address Breakdown
Residential
2,840
Single Family
2,816
Multi-Family
24
Businesses
83
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