330 S 6th StSelmerTN38375
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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 Selmer at 330 S 6th St, Selmer, TN, 38375 uses $39,747 cash to close to unlock $385/yr annual cash flow and $32/mo monthly cash flow. Total monthly income runs $750/mo, and a $587/mo payment keeps the spread at $32/mo. Purchase price stands at $119,900, and rental yield measures 7.51% with $750/mo rent. Return on cash invested shows 20.88% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 107.9% and total cumulative return in cash records $42,888. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $750/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1949
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38375, Selmer, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,335 (100%) |
| Owner Occupied HU | 2,769 (63.9%) |
| Renter Occupied HU | 1,084 (25.0%) |
| Vacant Housing Units | 482 (11.1%) |
| Median Home Value | $152,363 |
| Average Home Value | $221,034 |
Housing Distribution
Address Breakdown
Residential
3,920
Single Family
3,720
Multi-Family
200
Businesses
468
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