505 Winding WaySaltilloTN38370
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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
Rental property for sale in Saltillo at 505 Winding Way, Saltillo, TN, 38370 priced at $210,000 pairs $1,461/mo rent with $204/mo cash flow after a $1,028/mo payment. Total monthly income equals $1,461/mo, and annual cash flow comes to $2,445/yr on $69,615 invested. Return on cash invested is 23.42% in year one, and rental yield stands at 8.35% on a $210,000 basis. Equity gained on principal adds $1,355/yr, and 5% annual appreciation accumulates to $58,019 by year five. Five-year ROI measures 121.43% and total cumulative return in cash reaches $84,532. For financing, Ziffy Mortgage’s DSCR program evaluates $1,461/mo property income against a $1,028/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1995
15.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38370, Saltillo, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 601 (100%) |
| Owner Occupied HU | 249 (41.4%) |
| Renter Occupied HU | 41 ( 6.8%) |
| Vacant Housing Units | 311 (51.7%) |
| Median Home Value | $125,833 |
| Average Home Value | $147,912 |
Housing Distribution
Address Breakdown
Residential
339
Single Family
339
Multi-Family
0
Businesses
18
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Listed by: Angie Brewster • Phillips Realty Group
Mls Name: CWTAR
Mls Provider:
Mls ID: #245873
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