478 Bowman LnDecaturTN37322
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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 Decatur at 478 Bowman Ln, Decatur, TN, 37322 priced at $325,000 pairs $1,666/mo rent with after a $1,591/mo payment. Total monthly income equals $1,666/mo. Return on cash invested is 16.79% in year one, and rental yield stands at 6.15% on a $325,000 basis. Equity gained on principal adds $2,097/yr, and 5% annual appreciation accumulates to $89,792 by year five. Five-year ROI measures 85.9% and total cumulative return in cash reaches $92,545. For financing, Ziffy Mortgage’s DSCR program evaluates $1,666/mo property income against a $1,591/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2012
10.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37322, Decatur, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,189 (100%) |
| Owner Occupied HU | 2,911 (69.5%) |
| Renter Occupied HU | 830 (19.8%) |
| Vacant Housing Units | 448 (10.7%) |
| Median Home Value | $211,136 |
| Average Home Value | $290,059 |
Housing Distribution
Address Breakdown
Residential
3,846
Single Family
3,823
Multi-Family
23
Businesses
196
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