292 Main StPiney FlatsTN37686
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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 Piney Flats at 292 Main St, Piney Flats, TN, 37686 priced at $295,000 pairs $2,298/mo rent with $532/mo cash flow after a $1,444/mo payment. Total monthly income equals $2,298/mo, and annual cash flow comes to $6,384/yr on $97,793 invested. Return on cash invested is 26.44% in year one, and rental yield stands at 9.35% on a $295,000 basis. Equity gained on principal adds $1,904/yr, and 5% annual appreciation accumulates to $81,503 by year five. Five-year ROI measures 137.57% and total cumulative return in cash reaches $134,534. For financing, Ziffy Mortgage’s DSCR program evaluates $2,298/mo property income against a $1,444/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1933
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37686, Piney Flats, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,293 (100%) |
| Owner Occupied HU | 2,969 (69.2%) |
| Renter Occupied HU | 890 (20.7%) |
| Vacant Housing Units | 434 (10.1%) |
| Median Home Value | $341,261 |
| Average Home Value | $382,217 |
Housing Distribution
Address Breakdown
Residential
4,122
Single Family
4,122
Multi-Family
0
Businesses
267
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Listed by: Haley Terrell • Watkins Home Team
Mls Name: TVRMLS
Mls ID: #9987075