74 Blue Herring DrDecaturvilleTN38329
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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 Decaturville at 74 Blue Herring Dr, Decaturville, TN, 38329 priced at $523,000 pairs $2,112/mo rent with after a $2,560/mo payment. Total monthly income equals $2,112/mo. Return on cash invested is 12.95% in year one, and rental yield stands at 4.85% on a $523,000 basis. Equity gained on principal adds $3,375/yr, and 5% annual appreciation accumulates to $144,495 by year five. Five-year ROI measures 65.27% and total cumulative return in cash reaches $112,313. For financing, Ziffy Mortgage’s DSCR program evaluates $2,112/mo property income against a $2,560/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38329, Decaturville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,042 (100%) |
| Owner Occupied HU | 1,148 (56.2%) |
| Renter Occupied HU | 291 (14.3%) |
| Vacant Housing Units | 603 (29.5%) |
| Median Home Value | $188,372 |
| Average Home Value | $253,158 |
Housing Distribution
Address Breakdown
Residential
1,484
Single Family
1,484
Multi-Family
0
Businesses
142
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Listed by: Katie M Townsend • Compass RE
Mls Name: CWTAR
Mls ID: #2504466