314 W Main StAlexandriaTN37012
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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
Rental property for sale in Alexandria at 314 W Main St, Alexandria, TN, 37012 offers $0/mo rent that, after a $2,051/mo payment. Total monthly income is $0/mo. Return on cash invested measures -1.76% in year one, and rental yield stands at 0% at a $419,000 entry. Equity gained on principal adds $2,704/yr while 5% annual appreciation compounds into $115,762 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $2,051/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2012
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37012, Alexandria, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,096 (100%) |
| Owner Occupied HU | 780 (71.2%) |
| Renter Occupied HU | 243 (22.2%) |
| Vacant Housing Units | 73 ( 6.7%) |
| Median Home Value | $249,415 |
| Average Home Value | $336,183 |
Housing Distribution
Address Breakdown
Residential
1,027
Single Family
1,027
Multi-Family
0
Businesses
58
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No similar rental properties found nearby.
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Listed by: Robin Underwood • Underwood Hometown Realty, LLC
Mls Name: UCMLS
Mls ID: #239948