587 Flat Fork RdWartburgTN37887
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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
Total monthly income runs $1,860/mo, and a $2,887/mo payment. Purchase price stands at $589,900, and rental yield measures 3.78% with $1,860/mo rent. Return on cash invested shows 9.73% in year one, and 5% annual appreciation builds toward $162,978 over five years. Five-year ROI reaches 47.96% and total cumulative return in cash records $93,081. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,860/mo property income covering a $2,887/mo payment rather than investor’s personal income.
Single Family
Built in 2005
3.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37887, Wartburg, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,146 (100%) |
| Owner Occupied HU | 1,446 (67.4%) |
| Renter Occupied HU | 496 (23.1%) |
| Vacant Housing Units | 204 ( 9.5%) |
| Median Home Value | $175,338 |
| Average Home Value | $217,144 |
Housing Distribution
Address Breakdown
Residential
1,980
Single Family
1,980
Multi-Family
0
Businesses
222
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