412 College StPetersburgTN37144
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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 Petersburg at 412 College St, Petersburg, TN, 37144 offers a 9.48% rental yield on a $155,000 purchase with $1,225/mo rent. Total monthly income registers $1,225/mo, and a $759/mo payment leaves $297/mo available for distribution. Annual cash flow reaches $3,561/yr on $51,383 to close, and return on cash invested stands at 26.84% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,824 over five years. Portfolio math shows five-year ROI at 139.76% and total cumulative return in cash at $71,812. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,225/mo property income against a $759/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2002
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37144, Petersburg, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,619 (100%) |
| Owner Occupied HU | 1,207 (74.6%) |
| Renter Occupied HU | 214 (13.2%) |
| Vacant Housing Units | 198 (12.2%) |
| Median Home Value | $299,576 |
| Average Home Value | $369,310 |
Housing Distribution
Address Breakdown
Residential
1,414
Single Family
1,394
Multi-Family
20
Businesses
49
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Listed by: Makinsie Vann Gifford • BMA Properties
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3047857