342 Legends CirBaxterTN38544
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
Rental property for sale in Baxter at 342 Legends Cir, Baxter, TN, 38544 priced at $339,999 pairs $2,370/mo rent with $335/mo cash flow after a $1,664/mo payment. Total monthly income equals $2,370/mo, and annual cash flow comes to $4,018/yr on $112,710 invested. Return on cash invested is 23.47% in year one, and rental yield stands at 8.36% on a $339,999 basis. Equity gained on principal adds $2,194/yr, and 5% annual appreciation accumulates to $93,935 by year five. Five-year ROI measures 121.7% and total cumulative return in cash reaches $137,166. For financing, Ziffy Mortgage’s DSCR program evaluates $2,370/mo property income against a $1,664/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2024
784.08 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38544, Baxter, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,896 (100%) |
| Owner Occupied HU | 2,768 (71.0%) |
| Renter Occupied HU | 681 (17.5%) |
| Vacant Housing Units | 447 (11.5%) |
| Median Home Value | $303,442 |
| Average Home Value | $350,435 |
Housing Distribution
Address Breakdown
Residential
3,376
Single Family
3,376
Multi-Family
0
Businesses
142
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