306 Warren StAthensTN37303
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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 Athens at 306 Warren St, Athens, TN, 37303 earns $197/mo cash flow from $944/mo rent with a $611/mo payment. Total monthly income totals $944/mo, and annual cash flow totals $2,360/yr on $41,404 capital. ROI tracks 25.61% on current figures, and rental yield reads 9.07% at a $124,900 purchase. Equity gained on principal adds $806/yr, and 5% annual appreciation supports $34,508 over five years. Five-year ROI reaches 133.17% and total cumulative return in cash sums $55,138. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $944/mo property income instead of your personal income.
Single Family
Built in 1950
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37303, Athens, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,250 (100%) |
| Owner Occupied HU | 7,550 (61.6%) |
| Renter Occupied HU | 3,547 (29.0%) |
| Vacant Housing Units | 1,153 ( 9.4%) |
| Median Home Value | $270,383 |
| Average Home Value | $305,103 |
Housing Distribution
Address Breakdown
Residential
11,687
Single Family
11,132
Multi-Family
555
Businesses
871
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