338 Highwater RdDaytonTN37321
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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 Dayton at 338 Highwater Rd, Dayton, TN, 37321 priced at $449,900 converts $1,807/mo rent into after a $2,202/mo obligation. Total monthly income equals $1,807/mo. Return on cash invested prints 12.78% in year one, and rental yield reads 4.82% against a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation compiles into $124,299 by year five. Five-year ROI reaches 64.33% and total cumulative return in cash sums $95,950. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,807/mo property income covering a $2,202/mo payment, not borrower’s personal income.
Single Family
Built in 1969
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37321, Dayton, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,995 (100%) |
| Owner Occupied HU | 5,405 (60.1%) |
| Renter Occupied HU | 2,774 (30.8%) |
| Vacant Housing Units | 816 ( 9.1%) |
| Median Home Value | $232,649 |
| Average Home Value | $272,171 |
Housing Distribution
Address Breakdown
Residential
8,481
Single Family
8,433
Multi-Family
48
Businesses
755
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