588 E Church StAlamoTN38001
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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 Alamo at 588 E Church St, Alamo, TN, 38001 offers a 7.69% rental yield on a $479,900 purchase with $3,074/mo rent. Total monthly income registers $3,074/mo, and a $2,349/mo payment leaves $201/mo available for distribution. Annual cash flow reaches $2,413/yr on $159,087 to close, and return on cash invested stands at 21.43% in year one. Equity gained on principal adds $3,097/yr while 5% annual appreciation supports $132,588 over five years. Portfolio math shows five-year ROI at 110.73% and total cumulative return in cash at $176,157. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,074/mo property income against a $2,349/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38001, Alamo, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,029 (100%) |
| Owner Occupied HU | 1,327 (65.4%) |
| Renter Occupied HU | 531 (26.2%) |
| Vacant Housing Units | 171 ( 8.4%) |
| Median Home Value | $146,922 |
| Average Home Value | $179,026 |
Housing Distribution
Address Breakdown
Residential
1,897
Single Family
1,889
Multi-Family
8
Businesses
234
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