405 Jackson StMartinTN38237
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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
Rental property for sale in Martin at 405 Jackson St, Martin, TN, 38237 offers $986/mo rent that, after a $857/mo payment. Total monthly income is $986/mo. Return on cash invested measures 18.63% in year one, and rental yield stands at 6.76% at a $175,000 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,349 by year five. Five-year ROI records 95.68% and total cumulative return in cash reaches $55,507. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $986/mo property income versus a $857/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1973
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38237, Martin, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,024 (100%) |
| Owner Occupied HU | 3,516 (50.1%) |
| Renter Occupied HU | 2,722 (38.8%) |
| Vacant Housing Units | 786 (11.2%) |
| Median Home Value | $278,006 |
| Average Home Value | $306,160 |
Housing Distribution
Address Breakdown
Residential
6,621
Single Family
6,344
Multi-Family
277
Businesses
520
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