307 8th AveFayettevilleTN37334
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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 Fayetteville at 307 8th Ave, Fayetteville, TN, 37334 offers a 9.46% rental yield on a $155,000 purchase with $1,222/mo rent. Total monthly income registers $1,222/mo, and a $759/mo payment leaves $294/mo available for distribution. Annual cash flow reaches $3,525/yr on $51,383 to close, and return on cash invested stands at 26.77% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,824 over five years. Portfolio math shows five-year ROI at 139.39% and total cumulative return in cash at $71,620. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,222/mo property income against a $759/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37334, Fayetteville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,174 (100%) |
| Owner Occupied HU | 7,256 (64.9%) |
| Renter Occupied HU | 2,942 (26.3%) |
| Vacant Housing Units | 976 ( 8.7%) |
| Median Home Value | $267,471 |
| Average Home Value | $315,636 |
Housing Distribution
Address Breakdown
Residential
10,397
Single Family
10,034
Multi-Family
363
Businesses
926
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Listed by: Drew Earnhart • Kendall James Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2999811