814 Garrigan RdUnion cityTN38261
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
Investment property for sale in Union city at 814 Garrigan Rd, Union city, TN, 38261 at $185,000 posts ROI 27.5% with $388/mo cash flow from $1,495/mo rent. Total monthly income equals $1,495/mo, and annual cash flow records $4,656/yr on $61,328 to close. Return on cash invested measures 27.5% and rental yield reads 9.7% at the current $185,000. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 by year five. Five-year ROI prints 143.37% and total cumulative return in cash totals $87,927.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,495/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1976
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38261, Union City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,533 (100%) |
| Owner Occupied HU | 4,170 (55.4%) |
| Renter Occupied HU | 2,739 (36.4%) |
| Vacant Housing Units | 624 ( 8.3%) |
| Median Home Value | $193,936 |
| Average Home Value | $230,429 |
Housing Distribution
Address Breakdown
Residential
7,113
Single Family
6,799
Multi-Family
314
Businesses
648
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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