343 Russell LnDecaturTN37322
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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 Decatur at 343 Russell Ln, Decatur, TN, 37322 earns from $1,357/mo rent with a $3,421/mo payment. Total monthly income totals $1,357/mo. ROI tracks 5.31% on current figures, and rental yield reads 2.33% at a $699,000 purchase. Equity gained on principal adds $4,511/yr, and 5% annual appreciation supports $193,121 over five years. Five-year ROI reaches 24.24% and total cumulative return in cash sums $55,742. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,357/mo property income instead of your personal income.
Single Family
Built in 1977
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37322, Decatur, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,189 (100%) |
| Owner Occupied HU | 2,911 (69.5%) |
| Renter Occupied HU | 830 (19.8%) |
| Vacant Housing Units | 448 (10.7%) |
| Median Home Value | $211,136 |
| Average Home Value | $290,059 |
Housing Distribution
Address Breakdown
Residential
3,846
Single Family
3,823
Multi-Family
23
Businesses
196
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