502 Midnight DrByrdstownTN38549
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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
Investment property for sale in Byrdstown at 502 Midnight Dr, Byrdstown, TN, 38549 with 5% annual appreciation on a $185,000 basis while $1,401/mo rent supports operations. Total monthly income totals $1,401/mo and a $905/mo payment preserves $294/mo for cash returns. Annual cash flow comes to $3,528/yr on $61,328 deployed, and return on cash invested reaches 25.66% in year one. Equity gained on principal adds $1,194/yr, and five-year appreciation sums $51,112 alongside rental yield of 9.09%. Five-year ROI measures 133.51% and total cumulative return in cash totals $81,879.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,401/mo property income versus a $905/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38549, Byrdstown, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,564 (100%) |
| Owner Occupied HU | 1,335 (52.1%) |
| Renter Occupied HU | 287 (11.2%) |
| Vacant Housing Units | 942 (36.7%) |
| Median Home Value | $196,250 |
| Average Home Value | $371,376 |
Housing Distribution
Address Breakdown
Residential
1,929
Single Family
1,929
Multi-Family
0
Businesses
196
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