416 N McCombs StMartinTN38237
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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 Martin at 416 N McCombs St, Martin, TN, 38237 offers a 11.93% rental yield on a $144,000 purchase with $1,432/mo rent. Total monthly income registers $1,432/mo, and a $705/mo payment leaves $570/mo available for distribution. Annual cash flow reaches $6,838/yr on $47,736 to close, and return on cash invested stands at 34.23% in year one. Equity gained on principal adds $929/yr while 5% annual appreciation supports $39,785 over five years. Portfolio math shows five-year ROI at 179.4% and total cumulative return in cash at $85,638. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,432/mo property income against a $705/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38237, Martin, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,024 (100%) |
| Owner Occupied HU | 3,516 (50.1%) |
| Renter Occupied HU | 2,722 (38.8%) |
| Vacant Housing Units | 786 (11.2%) |
| Median Home Value | $278,006 |
| Average Home Value | $306,160 |
Housing Distribution
Address Breakdown
Residential
6,621
Single Family
6,344
Multi-Family
277
Businesses
520
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