309 Bratton AveLafayetteTN37083
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lafayette at 309 Bratton Ave, Lafayette, TN, 37083 offers $2,160/mo rent that, after a $725/mo payment, leaves $1,273/mo cash flow. Total monthly income is $2,160/mo, and annual cash flow is $15,279/yr on $49,128 cash. Return on cash invested measures 51.01% in year one, and rental yield stands at 17.49% at a $148,200 entry. Equity gained on principal adds $956/yr while 5% annual appreciation compounds into $40,945 by year five. Five-year ROI records 269.45% and total cumulative return in cash reaches $132,377. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,160/mo property income versus a $725/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37083, Lafayette, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,249 (100%) |
| Owner Occupied HU | 4,625 (63.8%) |
| Renter Occupied HU | 2,050 (28.3%) |
| Vacant Housing Units | 574 ( 7.9%) |
| Median Home Value | $249,414 |
| Average Home Value | $301,902 |
Housing Distribution
Address Breakdown
Residential
6,707
Single Family
6,593
Multi-Family
114
Businesses
528
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