6980 Cottonport RdDecaturTN37322
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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 Decatur at 6980 Cottonport Rd, Decatur, TN, 37322 generates $1,559/mo in rent and, after a $1,101/mo payment, leaves $212/mo in cash flow. Total monthly income is $1,559/mo, and annual cash flow is $2,550/yr on $74,554 invested. Return on cash invested sits at 23.33% in year one, and rental yield is 8.32% on a $224,900 entry. Equity gained on principal adds $1,451/yr, while 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 120.94% and total cumulative return in cash sums $90,169. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,559/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37322, Decatur, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,189 (100%) |
| Owner Occupied HU | 2,911 (69.5%) |
| Renter Occupied HU | 830 (19.8%) |
| Vacant Housing Units | 448 (10.7%) |
| Median Home Value | $211,136 |
| Average Home Value | $290,059 |
Housing Distribution
Address Breakdown
Residential
3,846
Single Family
3,823
Multi-Family
23
Businesses
196
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