334 Pin Oak DrNew MarketTN37820
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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 New Market at 334 Pin Oak Dr, New Market, TN, 37820 generates $2,521/mo in rent and, after a $1,591/mo payment, leaves $575/mo in cash flow. Total monthly income is $2,521/mo, and annual cash flow is $6,903/yr on $107,738 invested. Return on cash invested sits at 26.32% in year one, and rental yield is 9.31% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 136.97% and total cumulative return in cash sums $147,565. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,521/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
1.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37820, New Market, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,457 (100%) |
| Owner Occupied HU | 2,527 (73.1%) |
| Renter Occupied HU | 634 (18.3%) |
| Vacant Housing Units | 296 ( 8.6%) |
| Median Home Value | $246,159 |
| Average Home Value | $354,911 |
Housing Distribution
Address Breakdown
Residential
3,390
Single Family
3,390
Multi-Family
0
Businesses
143
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Listed by: Brittney Ellen Holt • Your Home Sold Guaranteed Real
Mls Name: GSMAR, GSMMLS
Mls ID: #309446