305 Hickory StMadisonTN37115
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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 Madison at 305 Hickory St, Madison, TN, 37115 with 5% annual appreciation on a $250,000 basis while $1,699/mo rent supports operations. Total monthly income totals $1,699/mo and a $1,224/mo payment preserves $202/mo for cash returns. Annual cash flow comes to $2,425/yr on $82,875 deployed, and return on cash invested reaches 22.84% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,070 alongside rental yield of 8.16%. Five-year ROI measures 118.33% and total cumulative return in cash totals $98,062.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,699/mo property income versus a $1,224/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37115, Madison, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,097 (100%) |
| Owner Occupied HU | 7,748 (40.6%) |
| Renter Occupied HU | 9,529 (49.9%) |
| Vacant Housing Units | 1,820 ( 9.5%) |
| Median Home Value | $357,957 |
| Average Home Value | $430,561 |
Housing Distribution
Address Breakdown
Residential
18,674
Single Family
13,100
Multi-Family
5,574
Businesses
1,126
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