313 Elm StMadisonTN37115
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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 Madison at 313 Elm St, Madison, TN, 37115 at $249,000 posts ROI 26.15% with $429/mo cash flow from $1,920/mo rent. Total monthly income equals $1,920/mo, and annual cash flow records $5,150/yr on $82,544 to close. Return on cash invested measures 26.15% and rental yield reads 9.25% at the current $249,000. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 by year five. Five-year ROI prints 136.08% and total cumulative return in cash totals $112,328.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,920/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1935
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37115, Madison, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,097 (100%) |
| Owner Occupied HU | 7,748 (40.6%) |
| Renter Occupied HU | 9,529 (49.9%) |
| Vacant Housing Units | 1,820 ( 9.5%) |
| Median Home Value | $357,957 |
| Average Home Value | $430,561 |
Housing Distribution
Address Breakdown
Residential
18,674
Single Family
13,100
Multi-Family
5,574
Businesses
1,126
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