406 Horton StDecherdTN37324
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 Decherd at 406 Horton St, Decherd, TN, 37324 at $179,750 posts ROI 25.62% with $284/mo cash flow from $1,360/mo rent. Total monthly income equals $1,360/mo, and annual cash flow records $3,405/yr on $59,587 to close. Return on cash invested measures 25.62% and rental yield reads 9.08% at the current $179,750. Equity gained on principal adds $1,160/yr, and 5% annual appreciation supports $49,662 by year five. Five-year ROI prints 133.25% and total cumulative return in cash totals $79,402.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,360/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1938
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37324, Decherd, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,594 (100%) |
| Owner Occupied HU | 1,560 (60.1%) |
| Renter Occupied HU | 771 (29.7%) |
| Vacant Housing Units | 263 (10.1%) |
| Median Home Value | $264,407 |
| Average Home Value | $304,237 |
Housing Distribution
Address Breakdown
Residential
2,390
Single Family
2,301
Multi-Family
89
Businesses
176
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Nearby investment properties with comparable prices