513 N Congress BlvdSmithvilleTN37166
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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 Smithville at 513 N Congress Blvd, Smithville, TN, 37166 earns $450/mo cash flow from $2,006/mo rent with a $1,272/mo payment. Total monthly income totals $2,006/mo, and annual cash flow totals $5,403/yr on $86,157 capital. ROI tracks 26.18% on current figures, and rental yield reads 9.26% at a $259,900 purchase. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 over five years. Five-year ROI reaches 136.24% and total cumulative return in cash sums $117,382. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,006/mo property income instead of your personal income.
Single Family
Built in 1974
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37166, Smithville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,141 (100%) |
| Owner Occupied HU | 4,280 (59.9%) |
| Renter Occupied HU | 1,801 (25.2%) |
| Vacant Housing Units | 1,060 (14.8%) |
| Median Home Value | $242,188 |
| Average Home Value | $348,801 |
Housing Distribution
Address Breakdown
Residential
6,525
Single Family
6,463
Multi-Family
62
Businesses
465
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Listed by: Vickie Loftis • American Way Real Estate
Mls Name: UCMLS
Mls ID: #240073