410 E Grundy StTullahomaTN37388
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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 Tullahoma at 410 E Grundy St, Tullahoma, TN, 37388 priced at $189,900 converts $1,445/mo rent into $309/mo cash flow after a $929/mo obligation. Total monthly income equals $1,445/mo, and annual cash flow totals $3,704/yr on $62,952 invested. Return on cash invested prints 25.79% in year one, and rental yield reads 9.13% against a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation compiles into $52,466 by year five. Five-year ROI reaches 134.15% and total cumulative return in cash sums $84,449. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,445/mo property income covering a $929/mo payment, not borrower’s personal income.
Single Family
Built in 2015
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37388, Tullahoma, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,255 (100%) |
| Owner Occupied HU | 7,815 (63.8%) |
| Renter Occupied HU | 3,480 (28.4%) |
| Vacant Housing Units | 960 ( 7.8%) |
| Median Home Value | $279,352 |
| Average Home Value | $313,478 |
Housing Distribution
Address Breakdown
Residential
11,530
Single Family
11,101
Multi-Family
429
Businesses
1,213
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