370 S Thompson StUnion CityTN38261
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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 Union City at 370 S Thompson St, Union City, TN, 38261 earns $619/mo cash flow from $1,831/mo rent with a $991/mo payment. Total monthly income totals $1,831/mo, and annual cash flow totals $7,427/yr on $67,129 capital. ROI tracks 30.97% on current figures, and rental yield reads 10.85% at a $202,500 purchase. Equity gained on principal adds $1,307/yr, and 5% annual appreciation supports $55,947 over five years. Five-year ROI reaches 161.89% and total cumulative return in cash sums $108,673. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,831/mo property income instead of your personal income.
Single Family
Built in 1950
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38261, Union City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,533 (100%) |
| Owner Occupied HU | 4,170 (55.4%) |
| Renter Occupied HU | 2,739 (36.4%) |
| Vacant Housing Units | 624 ( 8.3%) |
| Median Home Value | $193,936 |
| Average Home Value | $230,429 |
Housing Distribution
Address Breakdown
Residential
7,113
Single Family
6,799
Multi-Family
314
Businesses
648
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Listed by: Vickie Branch • BHGRE Conner Brownsville
Mls Name: CWTAR
Mls ID: #2503344