517 S Murray StGainesboroTN38562
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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 Gainesboro at 517 S Murray St, Gainesboro, TN, 38562 priced at $179,900 converts $1,637/mo rent into $560/mo cash flow after a $881/mo obligation. Total monthly income equals $1,637/mo, and annual cash flow totals $6,715/yr on $59,637 invested. Return on cash invested prints 31.17% in year one, and rental yield reads 10.92% against a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation compiles into $49,703 by year five. Five-year ROI reaches 162.98% and total cumulative return in cash sums $97,197. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,637/mo property income covering a $881/mo payment, not borrower’s personal income.
Single Family
Built in 1935
7,824 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38562, Gainesboro, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,543 (100%) |
| Owner Occupied HU | 2,370 (66.9%) |
| Renter Occupied HU | 637 (18.0%) |
| Vacant Housing Units | 536 (15.1%) |
| Median Home Value | $191,111 |
| Average Home Value | $237,893 |
Housing Distribution
Address Breakdown
Residential
3,050
Single Family
2,965
Multi-Family
85
Businesses
201
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Listed by: Frank Hardegree • Upper Cumberland Real Estate & Auction LLC
Mls Name: UCMLS
Mls Provider:
Mls ID: #236863
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