303 West AveMedinaTN38355
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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 Medina at 303 West Ave, Medina, TN, 38355 priced at $129,000 converts $1,267/mo rent into $495/mo cash flow after a $631/mo obligation. Total monthly income equals $1,267/mo, and annual cash flow totals $5,942/yr on $42,764 invested. Return on cash invested prints 33.8% in year one, and rental yield reads 11.79% against a $129,000 entry. Equity gained on principal adds $832/yr, while 5% annual appreciation compiles into $35,640 by year five. Five-year ROI reaches 177.18% and total cumulative return in cash sums $75,769. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,267/mo property income covering a $631/mo payment, not borrower’s personal income.
Single Family
Built in 1954
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38355, Medina, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,941 (100%) |
| Owner Occupied HU | 2,287 (77.8%) |
| Renter Occupied HU | 460 (15.6%) |
| Vacant Housing Units | 194 ( 6.6%) |
| Median Home Value | $288,231 |
| Average Home Value | $313,577 |
Housing Distribution
Address Breakdown
Residential
2,901
Single Family
2,885
Multi-Family
16
Businesses
133
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Listed by: Tori Wilkerson • Hickman Realty Group Inc.-Jack
Mls Name: CWTAR
Mls Provider:
Mls ID: #2502605
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