313 W Commerce StLorettoTN38469
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 313 W Commerce St, Loretto, TN, 38469 in Loretto speaks for itself: 11.95% gross on a $365,000 price, generating $3,634/mo in rent and $1,449/mo in net income after the $1,641/mo debt service. DSCR 2.21, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $17,384 stacks alongside $100,843 in projected five-year appreciation and $3,362/yr in principal reduction. Projected total cumulative return: $231,360.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 6.2% |
| Monthly Cash Flow | $1,449 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,634 |
| Total Monthly Debt Service | $2,040 |
| DSCR Ratio | 1.78x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1956
3.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38469, Loretto, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,960 (100%) |
| Owner Occupied HU | 1,485 (75.8%) |
| Renter Occupied HU | 344 (17.6%) |
| Vacant Housing Units | 131 ( 6.7%) |
| Median Home Value | $211,853 |
| Average Home Value | $252,781 |
Housing Distribution
Address Breakdown
Residential
1,744
Single Family
1,744
Multi-Family
0
Businesses
137
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
Single Family
Built in 1956
3.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38469, Loretto, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,960 (100%) |
| Owner Occupied HU | 1,485 (75.8%) |
| Renter Occupied HU | 344 (17.6%) |
| Vacant Housing Units | 131 ( 6.7%) |
| Median Home Value | $211,853 |
| Average Home Value | $252,781 |
Housing Distribution
Address Breakdown
Residential
1,744
Single Family
1,744
Multi-Family
0
Businesses
137
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices