310 Kent StSpartaTN38583
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
Investment property for sale in Sparta at 310 Kent St, Sparta, TN, 38583 uses $124,313 cash to close to unlock $4,675/yr annual cash flow and $390/mo monthly cash flow. Total monthly income runs $2,634/mo, and a $1,835/mo payment keeps the spread at $390/mo. Purchase price stands at $375,000, and rental yield measures 8.43% with $2,634/mo rent. Return on cash invested shows 23.67% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 122.75% and total cumulative return in cash records $152,595. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,634/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 1940
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38583, Sparta, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,240 (100%) |
| Owner Occupied HU | 8,609 (70.3%) |
| Renter Occupied HU | 2,395 (19.6%) |
| Vacant Housing Units | 1,236 (10.1%) |
| Median Home Value | $233,486 |
| Average Home Value | $282,313 |
Housing Distribution
Address Breakdown
Residential
11,473
Single Family
11,218
Multi-Family
255
Businesses
728
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hali Howard • The Real Estate Collective Sparta
Mls Name: UCMLS
Mls Provider:
Mls ID: #235649
Disclaimer: Copyright 2025 Upper Cumberland Board of Realtors. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes from Upper Cumberland Board of Realtors. Some or all of the listings displayed may not belong to the firm whose website is being visited.