405 W Main StNewbernTN38059
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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 Newbern at 405 W Main St, Newbern, TN, 38059 at $139,900 posts ROI 25.35% with $210/mo cash flow from $1,048/mo rent. Total monthly income equals $1,048/mo, and annual cash flow records $2,523/yr on $46,377 to close. Return on cash invested measures 25.35% and rental yield reads 8.99% at the current $139,900. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 by year five. Five-year ROI prints 131.87% and total cumulative return in cash totals $61,155.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,048/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38059, Newbern, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,209 (100%) |
| Owner Occupied HU | 2,102 (65.5%) |
| Renter Occupied HU | 834 (26.0%) |
| Vacant Housing Units | 273 ( 8.5%) |
| Median Home Value | $221,708 |
| Average Home Value | $304,382 |
Housing Distribution
Address Breakdown
Residential
3,135
Single Family
3,135
Multi-Family
0
Businesses
184
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Listed by: Becky McCaslin • Tennessee Realty
Mls Name: CWTAR
Mls Provider:
Mls ID: #246342
Disclaimer: Some or all of the listings displayed may not belong to the firm whose website is being visited. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.