706 N Vine StWinchesterTN37398
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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 Winchester at 706 N Vine St, Winchester, TN, 37398 uses $62,819 cash to close to unlock $3,794/yr annual cash flow and $316/mo monthly cash flow. Total monthly income runs $1,451/mo, and a $928/mo payment keeps the spread at $316/mo. Purchase price stands at $189,500, and rental yield measures 9.19% with $1,451/mo rent. Return on cash invested shows 25.95% in year one, and 5% annual appreciation builds toward $52,355 over five years. Five-year ROI reaches 135.03% and total cumulative return in cash records $84,827. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,451/mo property income covering a $928/mo payment rather than investor’s personal income.
Single Family
Built in 1943
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37398, Winchester, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,003 (100%) |
| Owner Occupied HU | 5,043 (63.0%) |
| Renter Occupied HU | 1,741 (21.8%) |
| Vacant Housing Units | 1,219 (15.2%) |
| Median Home Value | $329,952 |
| Average Home Value | $399,299 |
Housing Distribution
Address Breakdown
Residential
7,506
Single Family
7,391
Multi-Family
115
Businesses
714
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Listed by: Elizabeth Padgett • Peck Realty Group, LLC
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3030458