407 Carolina StChurch HillTN37642
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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 Church Hill at 407 Carolina St, Church Hill, TN, 37642 generates $2,210/mo in rent and, after a $1,170/mo payment, leaves $779/mo in cash flow. Total monthly income is $2,210/mo, and annual cash flow is $9,349/yr on $79,229 invested. Return on cash invested sits at 31.71% in year one, and rental yield is 11.1% on a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 165.9% and total cumulative return in cash sums $131,436. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,210/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37642, Church Hill, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,151 (100%) |
| Owner Occupied HU | 5,019 (70.2%) |
| Renter Occupied HU | 1,432 (20.0%) |
| Vacant Housing Units | 700 ( 9.8%) |
| Median Home Value | $211,431 |
| Average Home Value | $260,543 |
Housing Distribution
Address Breakdown
Residential
6,847
Single Family
6,847
Multi-Family
0
Businesses
238
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Listed by: Keisha Manis • Selling Stateline Real Estate Group
Mls Name: TVRMLS
Mls ID: #9985548