389 Neal RdDunlapTN37327
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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 Dunlap at 389 Neal Rd, Dunlap, TN, 37327 uses $109,395 cash to close to unlock $3,369/yr annual cash flow and $281/mo monthly cash flow. Total monthly income runs $2,256/mo, and a $1,615/mo payment keeps the spread at $281/mo. Purchase price stands at $330,000, and rental yield measures 8.2% with $2,256/mo rent. Return on cash invested shows 22.99% in year one, and 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 119.09% and total cumulative return in cash records $130,283. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,256/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Single Family
Built in 2003
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37327, Dunlap, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,007 (100%) |
| Owner Occupied HU | 3,977 (66.2%) |
| Renter Occupied HU | 1,391 (23.2%) |
| Vacant Housing Units | 639 (10.6%) |
| Median Home Value | $253,426 |
| Average Home Value | $303,380 |
Housing Distribution
Address Breakdown
Residential
5,188
Single Family
5,041
Multi-Family
147
Businesses
381
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