313 E Main StBradfordTN38316
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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 Bradford at 313 E Main St, Bradford, TN, 38316 uses $79,527 cash to close to unlock $3,301/yr annual cash flow and $275/mo monthly cash flow. Total monthly income runs $1,711/mo, and a $1,174/mo payment keeps the spread at $275/mo. Purchase price stands at $239,900, and rental yield measures 8.56% with $1,711/mo rent. Return on cash invested shows 24.06% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 124.89% and total cumulative return in cash records $99,319. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,711/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 1904
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38316, Bradford, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,191 (100%) |
| Owner Occupied HU | 887 (74.5%) |
| Renter Occupied HU | 193 (16.2%) |
| Vacant Housing Units | 111 ( 9.3%) |
| Median Home Value | $167,840 |
| Average Home Value | $193,492 |
Housing Distribution
Address Breakdown
Residential
1,131
Single Family
1,131
Multi-Family
0
Businesses
70
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Listed by: Logan Diebold • Wendell Alexander Realty
Mls Name: CWTAR
Mls Provider:
Mls ID: #242854
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