515 N Lafayette AveBrownsvilleTN38012
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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 Brownsville at 515 N Lafayette Ave, Brownsville, TN, 38012 at $381,000 posts ROI 23.85% with $415/mo cash flow from $2,696/mo rent. Total monthly income equals $2,696/mo, and annual cash flow records $4,981/yr on $126,302 to close. Return on cash invested measures 23.85% and rental yield reads 8.49% at the current $381,000. Equity gained on principal adds $2,459/yr, and 5% annual appreciation supports $105,263 by year five. Five-year ROI prints 123.75% and total cumulative return in cash totals $156,303.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,696/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1901
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38012, Brownsville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,235 (100%) |
| Owner Occupied HU | 3,273 (52.5%) |
| Renter Occupied HU | 2,315 (37.1%) |
| Vacant Housing Units | 647 (10.4%) |
| Median Home Value | $219,276 |
| Average Home Value | $274,950 |
Housing Distribution
Address Breakdown
Residential
6,009
Single Family
5,728
Multi-Family
281
Businesses
597
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Nearby investment properties with comparable prices
Listed by: Janice B Reed • Reed Real Estate
Mls Name: CWTAR
Mls ID: #2502607