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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Loretto at 614 Fairview Rd, Loretto, TN, 38469 at $337,500 posts ROI 7.57% with from $870/mo rent. Total monthly income equals $870/mo. Return on cash invested measures 7.57% and rental yield reads 3.09% at the current $337,500. Equity gained on principal adds $2,178/yr, and 5% annual appreciation supports $93,245 by year five. Five-year ROI prints 36.41% and total cumulative return in cash totals $40,741. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $870/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1998
11.81 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38469, Loretto, TN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,960 (100%) |
| Owner Occupied HU | 1,485 (75.8%) |
| Renter Occupied HU | 344 (17.6%) |
| Vacant Housing Units | 131 ( 6.7%) |
| Median Home Value | $211,853 |
| Average Home Value | $252,781 |
Residential
1,744
Single Family
1,744
Multi-Family
0
Businesses
137
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Hunter Webb • Southern Tennessee Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2945285
