70 Point WaySaltilloTN38370
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Saltillo at 70 Point Way, Saltillo, TN, 38370 offers $2,104/mo rent that, after a $1,047/mo payment, leaves $823/mo cash flow. Total monthly income is $2,104/mo, and annual cash flow is $9,881/yr on $70,941 cash. Return on cash invested measures 33.84% in year one, and rental yield stands at 11.8% at a $214,000 entry. Equity gained on principal adds $1,381/yr while 5% annual appreciation compounds into $59,124 by year five. Five-year ROI records 177.31% and total cumulative return in cash reaches $125,783. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,104/mo property income versus a $1,047/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38370, Saltillo, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 601 (100%) |
| Owner Occupied HU | 249 (41.4%) |
| Renter Occupied HU | 41 ( 6.8%) |
| Vacant Housing Units | 311 (51.7%) |
| Median Home Value | $125,833 |
| Average Home Value | $147,912 |
Housing Distribution
Address Breakdown
Residential
339
Single Family
339
Multi-Family
0
Businesses
18
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Listed by: Tiffany Jones • Tiffany Jones Realty Group
Mls Name: MAAR
Mls Provider:
Mls ID: #10203069
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