Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Loretto at 508 S Military St, Loretto, TN, 38469 uses $119,307 cash to close to unlock $14,581/yr annual cash flow and $1,215/mo monthly cash flow. Total monthly income runs $3,370/mo, and a $1,762/mo payment keeps the spread at $1,215/mo. Purchase price stands at $359,900, and rental yield measures 11.24% with $3,370/mo rent. Return on cash invested shows 32.13% in year one, and 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 168.14% and total cumulative return in cash records $200,606. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,370/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in 1948
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38469, Loretto, TN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,960 (100%) |
| Owner Occupied HU | 1,485 (75.8%) |
| Renter Occupied HU | 344 (17.6%) |
| Vacant Housing Units | 131 ( 6.7%) |
| Median Home Value | $211,853 |
| Average Home Value | $252,781 |
Residential
1,744
Single Family
1,744
Multi-Family
0
Businesses
137
Date | Event | Price |
|---|---|---|
| 2024-08-23 | Listed for sale | $359,900 |
| 2024-08-02 | Listing removed | N/A |
| 2024-07-01 | Price change | $379,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-13 | $1321.22 | 18.65% | $56,450 | 18.65% |
| 2022-11-13 | $1113.50 | 3.03% | $47,575 | 47.86% |
| 2021-11-13 | $1080.73 | N/A | $32,175 | N/A |
Listed by: Wes Orton • Orton Realty Group
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2695110
Disclaimer: Based on information submitted to the MLS GRID as of 2024-11-13 02:56:20 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_99)
