60 Moore AveFriendshipTN38034
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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 Friendship at 60 Moore Ave, Friendship, TN, 38034 earns $254/mo cash flow from $1,062/mo rent with a $661/mo payment. Total monthly income totals $1,062/mo, and annual cash flow totals $3,044/yr on $44,753 capital. ROI tracks 26.71% on current figures, and rental yield reads 9.44% at a $135,000 purchase. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 over five years. Five-year ROI reaches 139.09% and total cumulative return in cash sums $62,245. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,062/mo property income instead of your personal income.
Single Family
Built in 1950
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38034, Friendship, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,420 (100%) |
| Owner Occupied HU | 956 (67.3%) |
| Renter Occupied HU | 321 (22.6%) |
| Vacant Housing Units | 143 (10.1%) |
| Median Home Value | $146,575 |
| Average Home Value | $204,971 |
Housing Distribution
Address Breakdown
Residential
1,153
Single Family
1,153
Multi-Family
0
Businesses
62
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Listed by: Nathan Lilly • Lilly Realty
Mls Name: CWTAR
Mls ID: #2504379