59 Aaron CtNiotaTN37826
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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 Niota at 59 Aaron Ct, Niota, TN, 37826 uses $99,682 cash to close to unlock $10,701/yr annual cash flow and $892/mo monthly cash flow. Total monthly income runs $2,692/mo, and a $1,472/mo payment keeps the spread at $892/mo. Purchase price stands at $300,700, and rental yield measures 10.74% with $2,692/mo rent. Return on cash invested shows 30.64% in year one, and 5% annual appreciation builds toward $83,078 over five years. Five-year ROI reaches 160.15% and total cumulative return in cash records $159,640. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,692/mo property income covering a $1,472/mo payment rather than investor’s personal income.
Single Family
Built in 2023
N/A 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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