484 E Main StAlamoTN38001
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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 Alamo at 484 E Main St, Alamo, TN, 38001 offers $2,088/mo rent that, after a $1,855/mo payment. Total monthly income is $2,088/mo. Return on cash invested measures 18.18% in year one, and rental yield stands at 6.61% at a $379,000 entry. Equity gained on principal adds $2,446/yr while 5% annual appreciation compounds into $104,711 by year five. Five-year ROI records 93.34% and total cumulative return in cash reaches $117,275. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,088/mo property income versus a $1,855/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38001, Alamo, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,029 (100%) |
| Owner Occupied HU | 1,327 (65.4%) |
| Renter Occupied HU | 531 (26.2%) |
| Vacant Housing Units | 171 ( 8.4%) |
| Median Home Value | $146,922 |
| Average Home Value | $179,026 |
Housing Distribution
Address Breakdown
Residential
1,897
Single Family
1,889
Multi-Family
8
Businesses
234
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