397 College StTrimbleTN38259
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Trimble at 397 College St, Trimble, TN, 38259 offers a 7.36% rental yield on a $168,000 purchase with $1,031/mo rent. Total monthly income registers $1,031/mo, and a $822/mo payment leaves $26/mo available for distribution. Annual cash flow reaches $307/yr on $55,692 to close, and return on cash invested stands at 20.46% in year one. Equity gained on principal adds $1,084/yr while 5% annual appreciation supports $46,415 over five years. Portfolio math shows five-year ROI at 105.55% and total cumulative return in cash at $58,781. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,031/mo property income against a $822/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38259, Trimble, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 354 (100%) |
| Owner Occupied HU | 248 (70.1%) |
| Renter Occupied HU | 63 (17.8%) |
| Vacant Housing Units | 43 (12.1%) |
| Median Home Value | $205,556 |
| Average Home Value | $307,974 |
Housing Distribution
Address Breakdown
Residential
292
Single Family
292
Multi-Family
0
Businesses
21
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Listed by: Mallory Slaughter Yates • All-Star Real Estate
Mls Name: CWTAR
Mls Provider:
Mls ID: #225152
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