319 E Farrell StNiotaTN37826
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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 Niota at 319 E Farrell St, Niota, TN, 37826 priced at $139,000 pairs $1,114/mo rent with $282/mo cash flow after a $680/mo payment. Total monthly income equals $1,114/mo, and annual cash flow comes to $3,387/yr on $46,079 invested. Return on cash invested is 27.26% in year one, and rental yield stands at 9.62% on a $139,000 basis. Equity gained on principal adds $897/yr, and 5% annual appreciation accumulates to $38,403 by year five. Five-year ROI measures 142.05% and total cumulative return in cash reaches $65,456. For financing, Ziffy Mortgage’s DSCR program evaluates $1,114/mo property income against a $680/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37826, Niota, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,215 (100%) |
| Owner Occupied HU | 1,629 (73.5%) |
| Renter Occupied HU | 389 (17.6%) |
| Vacant Housing Units | 197 ( 8.9%) |
| Median Home Value | $276,359 |
| Average Home Value | $319,911 |
Housing Distribution
Address Breakdown
Residential
1,942
Single Family
1,942
Multi-Family
0
Businesses
63
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