369 Illinois AveDaytonTN37321
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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 Dayton at 369 Illinois Ave, Dayton, TN, 37321 offers a 9.56% rental yield on a $199,000 purchase with $1,585/mo rent. Total monthly income registers $1,585/mo, and a $974/mo payment leaves $394/mo available for distribution. Annual cash flow reaches $4,725/yr on $65,969 to close, and return on cash invested stands at 27.07% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 140.99% and total cumulative return in cash at $93,006. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,585/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
8,712 sqft 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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