5295 Highway 179WhitevilleTN38075
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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 Whiteville at 5295 Highway 179, Whiteville, TN, 38075 offers a 7.83% rental yield on a $439,900 purchase with $2,869/mo rent. Total monthly income registers $2,869/mo, and a $2,153/mo payment leaves $236/mo available for distribution. Annual cash flow reaches $2,829/yr on $145,827 to close, and return on cash invested stands at 21.85% in year one. Equity gained on principal adds $2,839/yr while 5% annual appreciation supports $121,536 over five years. Portfolio math shows five-year ROI at 112.97% and total cumulative return in cash at $164,739. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,869/mo property income against a $2,153/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
5.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38075, Whiteville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,517 (100%) |
| Owner Occupied HU | 943 (62.2%) |
| Renter Occupied HU | 353 (23.3%) |
| Vacant Housing Units | 221 (14.6%) |
| Median Home Value | $121,985 |
| Average Home Value | $200,820 |
Housing Distribution
Address Breakdown
Residential
1,263
Single Family
1,247
Multi-Family
16
Businesses
74
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Listed by: Hattie D Brawley • 2 Rivers Realty, LLC
Mls Name: MAAR
Mls ID: #10201105