324 B Mulberry Ter LOT 156MadisonTN37115
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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 324 B Mulberry Ter LOT 156, Madison, TN, 37115 uses $114,036 cash to close to unlock $1,206/yr annual cash flow and $100/mo monthly cash flow. Total monthly income runs $2,160/mo, and a $1,684/mo payment keeps the spread at $100/mo. Purchase price stands at $344,000, and rental yield measures 7.53% with $2,160/mo rent. Return on cash invested shows 20.97% in year one, and 5% annual appreciation builds toward $95,041 over five years. Five-year ROI reaches 108.27% and total cumulative return in cash records $123,470. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,160/mo property income covering a $1,684/mo payment rather than investor’s personal income.
Townhouse
Built in 2025
N/A 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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