290 Fairway DrSaulsburyTN38067
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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 Saulsbury at 290 Fairway Dr, Saulsbury, TN, 38067 offers a 9.9% rental yield on a $199,999 purchase with $1,650/mo rent. Total monthly income registers $1,650/mo, and a $979/mo payment leaves $453/mo available for distribution. Annual cash flow reaches $5,432/yr on $66,300 to close, and return on cash invested stands at 28.1% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 146.53% and total cumulative return in cash at $97,148. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,650/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38067, Saulsbury, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 747 (100%) |
| Owner Occupied HU | 477 (63.9%) |
| Renter Occupied HU | 96 (12.9%) |
| Vacant Housing Units | 174 (23.3%) |
| Median Home Value | $119,525 |
| Average Home Value | $168,260 |
Housing Distribution
Address Breakdown
Residential
595
Single Family
595
Multi-Family
0
Businesses
11
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