6025 Highway 49ErinTN37061
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 6025 Highway 49, Erin, TN, 37061 in Erin at $230,000 earns $1,442/mo in rent and nets $65/mo after the $1,034/mo payment, a 7.52% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $63,545 over five years. Ziffy Mortgage underwrites this on a 1.39 DSCR without U.S. credit history. With $2,118/yr in principal paydown, total projected return reaches $91,222.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 6.2% |
| Monthly Cash Flow | $65 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,442 |
| Total Monthly Debt Service | $1,285 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1968
1.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37061, Erin, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,241 (100%) |
| Owner Occupied HU | 1,534 (68.5%) |
| Renter Occupied HU | 472 (21.1%) |
| Vacant Housing Units | 235 (10.5%) |
| Median Home Value | $223,543 |
| Average Home Value | $288,717 |
Housing Distribution
Address Breakdown
Residential
2,009
Single Family
2,005
Multi-Family
4
Businesses
181
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1968
1.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37061, Erin, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,241 (100%) |
| Owner Occupied HU | 1,534 (68.5%) |
| Renter Occupied HU | 472 (21.1%) |
| Vacant Housing Units | 235 (10.5%) |
| Median Home Value | $223,543 |
| Average Home Value | $288,717 |
Housing Distribution
Address Breakdown
Residential
2,009
Single Family
2,005
Multi-Family
4
Businesses
181
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathy Shelden • Century 21 Platinum Properties
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2802746
Disclaimer: Based on information submitted to the MLS GRID as of 2025-03-12 08:04:02 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#99)