414 Broadway AveNew JohnsonvilleTN37134
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 New Johnsonville at 414 Broadway Ave, New Johnsonville, TN, 37134 at $158,500 posts ROI 20.16% with $11/mo cash flow from $960/mo rent. Total monthly income equals $960/mo, and annual cash flow records $132/yr on $52,543 to close. Return on cash invested measures 20.16% and rental yield reads 7.27% at the current $158,500. Equity gained on principal adds $1,023/yr, and 5% annual appreciation supports $43,791 by year five. Five-year ROI prints 103.91% and total cumulative return in cash totals $54,599.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $960/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1952
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37134, New Johnsonville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,284 (100%) |
| Owner Occupied HU | 975 (75.9%) |
| Renter Occupied HU | 183 (14.3%) |
| Vacant Housing Units | 126 ( 9.8%) |
| Median Home Value | $202,099 |
| Average Home Value | $254,856 |
Housing Distribution
Address Breakdown
Residential
1,227
Single Family
1,227
Multi-Family
0
Businesses
80
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Nearby investment properties with comparable prices
Listed by: Janet Hall • Keller Williams Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3057115