601 E Grundy St #BTullahomaTN37388
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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 Tullahoma at 601 E Grundy St #B, Tullahoma, TN, 37388 with 5% annual appreciation on a $179,900 basis while $1,680/mo rent supports operations. Total monthly income totals $1,680/mo and a $881/mo payment preserves $603/mo for cash returns. Annual cash flow comes to $7,231/yr on $59,637 deployed, and return on cash invested reaches 32.03% in year one. Equity gained on principal adds $1,161/yr, and five-year appreciation sums $49,703 alongside rental yield of 11.21%. Five-year ROI measures 167.65% and total cumulative return in cash totals $99,981.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,680/mo property income versus a $881/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37388, Tullahoma, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,255 (100%) |
| Owner Occupied HU | 7,815 (63.8%) |
| Renter Occupied HU | 3,480 (28.4%) |
| Vacant Housing Units | 960 ( 7.8%) |
| Median Home Value | $279,352 |
| Average Home Value | $313,478 |
Housing Distribution
Address Breakdown
Residential
11,530
Single Family
11,101
Multi-Family
429
Businesses
1,213
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