7028 Three Way RdBath SpringsTN38311
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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 Bath Springs at 7028 Three Way Rd, Bath Springs, TN, 38311 generates $0/mo in rent, after a $925/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -1.76% in year one, and rental yield is 0% on a $189,000 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation builds toward $52,217 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
1.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38311, Bath Springs, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 583 (100%) |
| Owner Occupied HU | 342 (58.7%) |
| Renter Occupied HU | 52 ( 8.9%) |
| Vacant Housing Units | 189 (32.4%) |
| Median Home Value | $231,633 |
| Average Home Value | $273,487 |
Housing Distribution
Address Breakdown
Residential
528
Single Family
528
Multi-Family
0
Businesses
12
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No similar rental properties found nearby.
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Listed by: Ginger Teague • Clear Choice Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2989889