62 High St EMc EwenTN37101
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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 Mc Ewen at 62 High St E, Mc Ewen, TN, 37101 at $100,000 posts ROI 27.32% with $205/mo cash flow from $803/mo rent. Total monthly income equals $803/mo, and annual cash flow records $2,458/yr on $33,150 to close. Return on cash invested measures 27.32% and rental yield reads 9.64% at the current $100,000. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 by year five. Five-year ROI prints 142.31% and total cumulative return in cash totals $47,176.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $803/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1930
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37101, Mc Ewen, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,009 (100%) |
| Owner Occupied HU | 2,080 (69.1%) |
| Renter Occupied HU | 575 (19.1%) |
| Vacant Housing Units | 354 (11.8%) |
| Median Home Value | $236,387 |
| Average Home Value | $269,941 |
Housing Distribution
Address Breakdown
Residential
2,854
Single Family
2,812
Multi-Family
42
Businesses
114
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