65 Magnolia RdTiptonvilleTN38079
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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 Tiptonville at 65 Magnolia Rd, Tiptonville, TN, 38079 priced at $195,000 pairs $840/mo rent with after a $954/mo payment. Total monthly income equals $840/mo. Return on cash invested is 13.84% in year one, and rental yield stands at 5.17% on a $195,000 basis. Equity gained on principal adds $1,258/yr, and 5% annual appreciation accumulates to $53,875 by year five. Five-year ROI measures 70.09% and total cumulative return in cash reaches $45,310. For financing, Ziffy Mortgage’s DSCR program evaluates $840/mo property income against a $954/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1992
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38079, Tiptonville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,496 (100%) |
| Owner Occupied HU | 694 (46.4%) |
| Renter Occupied HU | 566 (37.8%) |
| Vacant Housing Units | 236 (15.8%) |
| Median Home Value | $181,753 |
| Average Home Value | $255,634 |
Housing Distribution
Address Breakdown
Residential
1,418
Single Family
1,368
Multi-Family
50
Businesses
137
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Listed by: Phyllis Larry • C21 Golden Service Realty & Au
Mls Name: CWTAR
Mls ID: #2504712