745 Union Ridge RdWartraceTN37183
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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 Wartrace at 745 Union Ridge Rd, Wartrace, TN, 37183 offers $2,478/mo rent that, after a $4,601/mo payment. Total monthly income is $2,478/mo. Return on cash invested measures 7.84% in year one, and rental yield stands at 3.16% at a $940,000 entry. Equity gained on principal adds $6,066/yr while 5% annual appreciation compounds into $259,705 by year five. Five-year ROI records 37.82% and total cumulative return in cash reaches $116,958. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,478/mo property income versus a $4,601/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
16.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37183, Wartrace, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,663 (100%) |
| Owner Occupied HU | 1,265 (76.1%) |
| Renter Occupied HU | 253 (15.2%) |
| Vacant Housing Units | 145 ( 8.7%) |
| Median Home Value | $375,179 |
| Average Home Value | $433,571 |
Housing Distribution
Address Breakdown
Residential
1,407
Single Family
1,407
Multi-Family
0
Businesses
57
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