350 Francis DrWhitevilleTN38075
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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 Whiteville at 350 Francis Dr, Whiteville, TN, 38075 offers $2,087/mo rent that, after a $2,398/mo payment. Total monthly income is $2,087/mo. Return on cash invested measures 13.66% in year one, and rental yield stands at 5.11% at a $489,888 entry. Equity gained on principal adds $3,161/yr while 5% annual appreciation compounds into $135,347 by year five. Five-year ROI records 69.08% and total cumulative return in cash reaches $112,189. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,087/mo property income versus a $2,398/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
5.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38075, Whiteville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,517 (100%) |
| Owner Occupied HU | 943 (62.2%) |
| Renter Occupied HU | 353 (23.3%) |
| Vacant Housing Units | 221 (14.6%) |
| Median Home Value | $121,985 |
| Average Home Value | $200,820 |
Housing Distribution
Address Breakdown
Residential
1,263
Single Family
1,247
Multi-Family
16
Businesses
74
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Listed by: Julie G Jenkins • REMAX Experts
Mls Name: MAAR
Mls ID: #10207033