431 E Main StWhitevilleTN38075
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 Whiteville at 431 E Main St, Whiteville, TN, 38075 uses $94,478 cash to close to unlock $7,943/yr annual cash flow and $662/mo monthly cash flow. Total monthly income runs $2,368/mo, and a $1,395/mo payment keeps the spread at $662/mo. Purchase price stands at $285,000, and rental yield measures 9.97% with $2,368/mo rent. Return on cash invested shows 28.32% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 147.65% and total cumulative return in cash records $139,494. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,368/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Single Family
Built in 1970
1.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38075, Whiteville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,517 (100%) |
| Owner Occupied HU | 943 (62.2%) |
| Renter Occupied HU | 353 (23.3%) |
| Vacant Housing Units | 221 (14.6%) |
| Median Home Value | $121,985 |
| Average Home Value | $200,820 |
Housing Distribution
Address Breakdown
Residential
1,263
Single Family
1,247
Multi-Family
16
Businesses
74
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tara Joyner • Conner Real Estate Brownsville
Mls Name: CWTAR
Mls Provider:
Mls ID: #245611
Disclaimer: Some or all of the listings displayed may not belong to the firm whose website is being visited. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.