60 Edgewood RdMc EwenTN37101
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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 Mc Ewen at 60 Edgewood Rd, Mc Ewen, TN, 37101 offers $1,980/mo rent that, after a $1,615/mo payment, leaves $5/mo cash flow. Total monthly income is $1,980/mo, and annual cash flow is $58/yr on $109,362 cash. Return on cash invested measures 19.96% in year one, and rental yield stands at 7.2% at a $329,900 entry. Equity gained on principal adds $2,129/yr while 5% annual appreciation compounds into $91,145 by year five. Five-year ROI records 102.85% and total cumulative return in cash reaches $112,479. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,980/mo property income versus a $1,615/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2019
5.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37101, Mc Ewen, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,009 (100%) |
| Owner Occupied HU | 2,080 (69.1%) |
| Renter Occupied HU | 575 (19.1%) |
| Vacant Housing Units | 354 (11.8%) |
| Median Home Value | $236,387 |
| Average Home Value | $269,941 |
Housing Distribution
Address Breakdown
Residential
2,854
Single Family
2,812
Multi-Family
42
Businesses
114
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