716 N Cedar 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 716 N Cedar St, Winchester, TN, 37398 earns $386/mo cash flow from $1,434/mo rent with a $857/mo payment. Total monthly income totals $1,434/mo, and annual cash flow totals $4,632/yr on $58,013 capital. ROI tracks 27.89% on current figures, and rental yield reads 9.83% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 145.39% and total cumulative return in cash sums $84,343. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,434/mo property income instead of your personal income.
Single Family
Built in 1953
7,405 sqft 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: Steve Jernigan • Steve Jernigan Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3067138