508 Carolina StChurch HillTN37642
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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 Church Hill at 508 Carolina St, Church Hill, TN, 37642 earns $286/mo cash flow from $1,777/mo rent with a $1,219/mo payment. Total monthly income totals $1,777/mo, and annual cash flow totals $3,434/yr on $82,544 capital. ROI tracks 24.07% on current figures, and rental yield reads 8.56% at a $249,000 purchase. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 over five years. Five-year ROI reaches 124.93% and total cumulative return in cash sums $103,124. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,777/mo property income instead of your personal income.
Single Family
Built in 1971
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37642, Church Hill, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,151 (100%) |
| Owner Occupied HU | 5,019 (70.2%) |
| Renter Occupied HU | 1,432 (20.0%) |
| Vacant Housing Units | 700 ( 9.8%) |
| Median Home Value | $211,431 |
| Average Home Value | $260,543 |
Housing Distribution
Address Breakdown
Residential
6,847
Single Family
6,847
Multi-Family
0
Businesses
238
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Listed by: Genice Hooper-Sloan • Dream Makerz Realty and Management
Mls Name: TVRMLS
Mls ID: #9987540