6401 Us Highway 45SharonTN38255
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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 Sharon at 6401 Us Highway 45, Sharon, TN, 38255 listed at $275,000 pairs $1,200/mo rent with a $1,346/mo payment. Total monthly income runs $1,200/mo. Return on cash invested measures 14.04% in year one, and rental yield registers 5.24% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 71.07% and total cumulative return in cash totals $64,787. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,200/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
1.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38255, Sharon, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,040 (100%) |
| Owner Occupied HU | 687 (66.1%) |
| Renter Occupied HU | 245 (23.6%) |
| Vacant Housing Units | 108 (10.4%) |
| Median Home Value | $155,515 |
| Average Home Value | $211,117 |
Housing Distribution
Address Breakdown
Residential
956
Single Family
956
Multi-Family
0
Businesses
43
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Listed by: Alexander J Bynum • Wendell Alexander Realty
Mls Name: CWTAR
Mls Provider:
Mls ID: #245601
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