604 S Main StSaint JosephTN38481
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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 Saint Joseph at 604 S Main St, Saint Joseph, TN, 38481 offers $0/mo rent that, after a $631/mo payment. Total monthly income is $0/mo. Return on cash invested measures -1.75% in year one, and rental yield stands at 0% at a $129,000 entry. Equity gained on principal adds $832/yr while 5% annual appreciation compounds into $35,640 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $631/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38481, Saint Joseph, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 376 (100%) |
| Owner Occupied HU | 272 (72.3%) |
| Renter Occupied HU | 62 (16.5%) |
| Vacant Housing Units | 42 (11.2%) |
| Median Home Value | $144,318 |
| Average Home Value | $174,237 |
Housing Distribution
Address Breakdown
Residential
371
Single Family
371
Multi-Family
0
Businesses
26
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Becca Bretherick • CRC Realty, Inc.
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2946075