417 Old Highway 31 EBethpageTN37022
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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 Bethpage at 417 Old Highway 31 E, Bethpage, TN, 37022 generates $1,650/mo in rent and, after a $1,304/mo payment, leaves $55/mo in cash flow. Total monthly income is $1,650/mo, and annual cash flow is $661/yr on $88,345 invested. Return on cash invested sits at 20.66% in year one, and rental yield is 7.43% on a $266,500 entry. Equity gained on principal adds $1,720/yr, while 5% annual appreciation builds toward $73,629 over five years. Five-year ROI reaches 106.63% and total cumulative return in cash sums $94,206. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,650/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37022, Bethpage, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,789 (100%) |
| Owner Occupied HU | 2,233 (80.1%) |
| Renter Occupied HU | 382 (13.7%) |
| Vacant Housing Units | 174 ( 6.2%) |
| Median Home Value | $416,182 |
| Average Home Value | $503,764 |
Housing Distribution
Address Breakdown
Residential
2,576
Single Family
2,576
Multi-Family
0
Businesses
49
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