342 Main St NMiddletonTN38052
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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 Middleton at 342 Main St N, Middleton, TN, 38052 generates $1,282/mo in rent, after a $1,713/mo payment. Total monthly income is $1,282/mo. Return on cash invested sits at 11.5% in year one, and rental yield is 4.4% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 57.47% and total cumulative return in cash sums $66,674. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,282/mo property income rather than buyer’s personal income.
Multi Family
Built in 1998
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38052, Middleton, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,801 (100%) |
| Owner Occupied HU | 1,227 (68.1%) |
| Renter Occupied HU | 339 (18.8%) |
| Vacant Housing Units | 235 (13.0%) |
| Median Home Value | $151,813 |
| Average Home Value | $200,232 |
Housing Distribution
Address Breakdown
Residential
1,575
Single Family
1,575
Multi-Family
0
Businesses
88
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