29 Owen AveBrownsvilleTN38012
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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
Rental property for sale in Brownsville at 29 Owen Ave, Brownsville, TN, 38012 generates $1,368/mo in rent and, after a $929/mo payment, leaves $232/mo in cash flow. Total monthly income is $1,368/mo, and annual cash flow is $2,780/yr on $62,952 invested. Return on cash invested sits at 24.33% in year one, and rental yield is 8.64% on a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 126.28% and total cumulative return in cash sums $79,493. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,368/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38012, Brownsville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,235 (100%) |
| Owner Occupied HU | 3,273 (52.5%) |
| Renter Occupied HU | 2,315 (37.1%) |
| Vacant Housing Units | 647 (10.4%) |
| Median Home Value | $219,276 |
| Average Home Value | $274,950 |
Housing Distribution
Address Breakdown
Residential
6,009
Single Family
5,728
Multi-Family
281
Businesses
597
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Listed by: Byron C Golden • 1st Choice Realty
Mls Name: CWTAR
Mls ID: #2505330