431 Elm StBaxterTN38544
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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
Rental property for sale in Baxter at 431 Elm St, Baxter, TN, 38544 priced at $229,900 converts $1,566/mo rent into $190/mo cash flow after a $1,125/mo obligation. Total monthly income equals $1,566/mo, and annual cash flow totals $2,280/yr on $76,212 invested. Return on cash invested prints 22.9% in year one, and rental yield reads 8.17% against a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,517 by year five. Five-year ROI reaches 118.69% and total cumulative return in cash sums $90,455. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,566/mo property income covering a $1,125/mo payment, not borrower’s personal income.
Single Family
Built in 1948
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38544, Baxter, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,896 (100%) |
| Owner Occupied HU | 2,768 (71.0%) |
| Renter Occupied HU | 681 (17.5%) |
| Vacant Housing Units | 447 (11.5%) |
| Median Home Value | $303,442 |
| Average Home Value | $350,435 |
Housing Distribution
Address Breakdown
Residential
3,376
Single Family
3,376
Multi-Family
0
Businesses
142
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