714 Washington AveEtowahTN37331
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 Etowah at 714 Washington Ave, Etowah, TN, 37331 offers $1,020/mo rent that, after a $1,336/mo payment. Total monthly income is $1,020/mo. Return on cash invested measures 11.77% in year one, and rental yield stands at 4.48% at a $273,000 entry. Equity gained on principal adds $1,762/yr while 5% annual appreciation compounds into $75,425 by year five. Five-year ROI records 58.91% and total cumulative return in cash reaches $53,311. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,020/mo property income versus a $1,336/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37331, Etowah, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,910 (100%) |
| Owner Occupied HU | 2,438 (62.4%) |
| Renter Occupied HU | 891 (22.8%) |
| Vacant Housing Units | 581 (14.9%) |
| Median Home Value | $222,136 |
| Average Home Value | $285,983 |
Housing Distribution
Address Breakdown
Residential
3,403
Single Family
3,387
Multi-Family
16
Businesses
238
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices