509 1st Ave NBaxterTN38544
Nearby investment properties with comparable rents
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
Investment property for sale in Baxter at 509 1st Ave N, Baxter, TN, 38544 listed at $286,000 pairs $2,347/mo rent with a $1,400/mo payment to leave $631/mo cash flow. Total monthly income runs $2,347/mo, and annual cash flow reaches $7,569/yr on $94,809 cash to close. Return on cash invested measures 27.89% in year one, and rental yield registers 9.85% at a $286,000 basis. Equity gained on principal adds $1,846/yr, and annual property appreciation at 5% supports $79,017 by year five. Five-year ROI tracks 145.4% and total cumulative return in cash totals $137,852. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,347/mo property income relative to a $1,400/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1973
7.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38544, Baxter, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,896 (100%) |
| Owner Occupied HU | 2,768 (71.0%) |
| Renter Occupied HU | 681 (17.5%) |
| Vacant Housing Units | 447 (11.5%) |
| Median Home Value | $303,442 |
| Average Home Value | $350,435 |
Housing Distribution
Address Breakdown
Residential
3,376
Single Family
3,376
Multi-Family
0
Businesses
142
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather Moore • The Realty Firm
Mls Name: UCMLS
Mls Provider:
Mls ID: #236247
Disclaimer: Copyright 2025 Upper Cumberland Board of Realtors. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes from Upper Cumberland Board of Realtors. Some or all of the listings displayed may not belong to the firm whose website is being visited.