724 Morrow StDresdenTN38225
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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 Dresden at 724 Morrow St, Dresden, TN, 38225 earns $46/mo cash flow from $1,542/mo rent with a $1,223/mo payment. Total monthly income totals $1,542/mo, and annual cash flow totals $554/yr on $82,842 capital. ROI tracks 20.58% on current figures, and rental yield reads 7.4% at a $249,900 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 over five years. Five-year ROI reaches 106.21% and total cumulative return in cash sums $87,986. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,542/mo property income instead of your personal income.
Single Family
Built in 1960
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38225, Dresden, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,727 (100%) |
| Owner Occupied HU | 1,717 (63.0%) |
| Renter Occupied HU | 721 (26.4%) |
| Vacant Housing Units | 289 (10.6%) |
| Median Home Value | $170,139 |
| Average Home Value | $213,014 |
Housing Distribution
Address Breakdown
Residential
2,531
Single Family
2,531
Multi-Family
0
Businesses
233
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Listed by: Marty Cole • Landmark Realty and Auction
Mls Name: Tennessee Valley MLS
Mls Provider:
Mls ID: #133864
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