509 Kale AveEnglewoodTN37329
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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
Rental property for sale in Englewood at 509 Kale Ave, Englewood, TN, 37329 generates $1,800/mo in rent and, after a $1,027/mo payment, leaves $544/mo in cash flow. Total monthly income is $1,800/mo, and annual cash flow is $6,526/yr on $69,582 invested. Return on cash invested sits at 29.29% in year one, and rental yield is 10.29% on a $209,900 entry. Equity gained on principal adds $1,354/yr, while 5% annual appreciation builds toward $57,992 over five years. Five-year ROI reaches 152.88% and total cumulative return in cash sums $106,376. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,800/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37329, Englewood, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,775 (100%) |
| Owner Occupied HU | 1,910 (68.8%) |
| Renter Occupied HU | 524 (18.9%) |
| Vacant Housing Units | 341 (12.3%) |
| Median Home Value | $227,861 |
| Average Home Value | $275,962 |
Housing Distribution
Address Breakdown
Residential
2,320
Single Family
2,320
Multi-Family
0
Businesses
70
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