328 N Main StMedinaTN38355
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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 Medina at 328 N Main St, Medina, TN, 38355 generates $1,032/mo in rent and, after a $538/mo payment, leaves $374/mo in cash flow. Total monthly income is $1,032/mo, and annual cash flow is $4,487/yr on $36,465 invested. Return on cash invested sits at 32.21% in year one, and rental yield is 11.26% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 168.55% and total cumulative return in cash sums $61,464. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,032/mo property income rather than buyer’s personal income.
Single Family
Built in 1949
10,761 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38355, Medina, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,941 (100%) |
| Owner Occupied HU | 2,287 (77.8%) |
| Renter Occupied HU | 460 (15.6%) |
| Vacant Housing Units | 194 ( 6.6%) |
| Median Home Value | $288,231 |
| Average Home Value | $313,577 |
Housing Distribution
Address Breakdown
Residential
2,901
Single Family
2,885
Multi-Family
16
Businesses
133
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Listed by: Tami S Reid • Hickman Realty Group Inc.-Jack
Mls Name: CWTAR
Mls Provider:
Mls ID: #2501451
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