3859 Erin RdMc EwenTN37101
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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 Mc Ewen at 3859 Erin Rd, Mc Ewen, TN, 37101 offers a 5.28% rental yield on a $450,000 purchase with $1,980/mo rent. 16% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 71.76% and total cumulative return in cash at $107,046. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,980/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
5.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37101, Mc Ewen, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,009 (100%) |
| Owner Occupied HU | 2,080 (69.1%) |
| Renter Occupied HU | 575 (19.1%) |
| Vacant Housing Units | 354 (11.8%) |
| Median Home Value | $236,387 |
| Average Home Value | $269,941 |
Housing Distribution
Address Breakdown
Residential
2,854
Single Family
2,812
Multi-Family
42
Businesses
114
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