4817 R J Welch RdFriendshipTN38034
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 Friendship at 4817 R J Welch Rd, Friendship, TN, 38034 earns $223/mo cash flow from $941/mo rent with a $587/mo payment. Total monthly income totals $941/mo, and annual cash flow totals $2,677/yr on $39,747 capital. ROI tracks 26.64% on current figures, and rental yield reads 9.42% at a $119,900 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,126 over five years. Five-year ROI reaches 138.82% and total cumulative return in cash sums $55,176. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $941/mo property income instead of your personal income.
Single Family
Built in 1919
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38034, Friendship, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,420 (100%) |
| Owner Occupied HU | 956 (67.3%) |
| Renter Occupied HU | 321 (22.6%) |
| Vacant Housing Units | 143 (10.1%) |
| Median Home Value | $146,575 |
| Average Home Value | $204,971 |
Housing Distribution
Address Breakdown
Residential
1,153
Single Family
1,153
Multi-Family
0
Businesses
62
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jodie Riggsbee • CRYE*LEIKE Blue Skies Real Es
Mls Name: CWTAR
Mls ID: #2600319