33 College StFriendshipTN38034
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
Investment Highlights
Investment property for sale in Friendship at 33 College St, Friendship, TN, 38034 offers a 9.18% rental yield on a $249,900 purchase with $1,912/mo rent. Total monthly income registers $1,912/mo, and a $1,223/mo payment leaves $416/mo available for distribution. Annual cash flow reaches $4,994/yr on $82,842 to close, and return on cash invested stands at 25.94% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 134.95% and total cumulative return in cash at $111,794. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,912/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1913
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38034, Friendship, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,420 (100%) |
| Owner Occupied HU | 956 (67.3%) |
| Renter Occupied HU | 321 (22.6%) |
| Vacant Housing Units | 143 (10.1%) |
| Median Home Value | $146,575 |
| Average Home Value | $204,971 |
Housing Distribution
Address Breakdown
Residential
1,153
Single Family
1,153
Multi-Family
0
Businesses
62
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Listed by: Jodie Riggsbee • CRYE*LEIKE Blue Skies Real Es
Mls Name: CWTAR
Mls ID: #2502881