56 Zarecor RdNewbernTN38059
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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 Newbern at 56 Zarecor Rd, Newbern, TN, 38059 priced at $399,900 converts $1,469/mo rent into after a $1,957/mo obligation. Total monthly income equals $1,469/mo. Return on cash invested prints 11.54% in year one, and rental yield reads 4.41% against a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation compiles into $110,485 by year five. Five-year ROI reaches 57.71% and total cumulative return in cash sums $76,508. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,469/mo property income covering a $1,957/mo payment, not borrower’s personal income.
Manufactured
Built in 1957
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38059, Newbern, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,209 (100%) |
| Owner Occupied HU | 2,102 (65.5%) |
| Renter Occupied HU | 834 (26.0%) |
| Vacant Housing Units | 273 ( 8.5%) |
| Median Home Value | $221,708 |
| Average Home Value | $304,382 |
Housing Distribution
Address Breakdown
Residential
3,135
Single Family
3,135
Multi-Family
0
Businesses
184
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