817 Medaris StClintonTN37716
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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 Clinton at 817 Medaris St, Clinton, TN, 37716 offers $1,329/mo rent that, after a $832/mo payment, leaves $312/mo cash flow. Total monthly income is $1,329/mo, and annual cash flow is $3,738/yr on $56,322 cash. Return on cash invested measures 26.55% in year one, and rental yield stands at 9.39% at a $169,900 entry. Equity gained on principal adds $1,096/yr while 5% annual appreciation compounds into $46,940 by year five. Five-year ROI records 138.22% and total cumulative return in cash reaches $77,846. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,329/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1935
7,840 sqft lot
$N/A/sqft
No HOA
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Listed by: Jonathan Snellings • Wallace
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1312929
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Hendrik Van Leesten - (865) 378-5282.