539 Highway 309 Lot 2NiotaTN37826
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play539 Highway 309 Lot 2, Niota, TN, 37826 in Niota is priced for appreciation, not yield. Rental yield 5.01%. At $600,000 with a 5.01% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $165,769 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.93) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $156,968.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 5% | 6.2% |
| Monthly Cash Flow | $(1,087) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,504 |
| Total Monthly Debt Service | $3,353 |
| DSCR Ratio | 0.75x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1999
3.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37826, Niota, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,215 (100%) |
| Owner Occupied HU | 1,629 (73.5%) |
| Renter Occupied HU | 389 (17.6%) |
| Vacant Housing Units | 197 ( 8.9%) |
| Median Home Value | $276,359 |
| Average Home Value | $319,911 |
Housing Distribution
Address Breakdown
Residential
1,942
Single Family
1,942
Multi-Family
0
Businesses
63
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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
Single Family
Built in 1999
3.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37826, Niota, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,215 (100%) |
| Owner Occupied HU | 1,629 (73.5%) |
| Renter Occupied HU | 389 (17.6%) |
| Vacant Housing Units | 197 ( 8.9%) |
| Median Home Value | $276,359 |
| Average Home Value | $319,911 |
Housing Distribution
Address Breakdown
Residential
1,942
Single Family
1,942
Multi-Family
0
Businesses
63
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices