501 Oak AveSouth PittsburgTN37380
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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 South Pittsburg at 501 Oak Ave, South Pittsburg, TN, 37380 offers $4,349/mo rent that, after a $4,185/mo payment. Total monthly income is $4,349/mo. Return on cash invested measures 16.78% in year one, and rental yield stands at 6.1% at a $855,000 entry. Equity gained on principal adds $5,517/yr while 5% annual appreciation compounds into $236,221 by year five. Five-year ROI records 85.75% and total cumulative return in cash reaches $241,219. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,349/mo property income versus a $4,185/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37380, South Pittsburg, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,023 (100%) |
| Owner Occupied HU | 1,920 (63.5%) |
| Renter Occupied HU | 726 (24.0%) |
| Vacant Housing Units | 377 (12.5%) |
| Median Home Value | $213,799 |
| Average Home Value | $256,471 |
Housing Distribution
Address Breakdown
Residential
2,855
Single Family
2,792
Multi-Family
63
Businesses
288
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Nearby investment properties with comparable prices
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