833 Hatchie StBrownsvilleTN38012
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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
Rental property for sale in Brownsville at 833 Hatchie St, Brownsville, TN, 38012 offers $1,181/mo rent that, after a $881/mo payment, leaves $104/mo cash flow. Total monthly income is $1,181/mo, and annual cash flow is $1,242/yr on $59,670 cash. Return on cash invested measures 21.99% in year one, and rental yield stands at 7.87% at a $180,000 entry. Equity gained on principal adds $1,162/yr while 5% annual appreciation compounds into $49,731 by year five. Five-year ROI records 113.75% and total cumulative return in cash reaches $67,877. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,181/mo property income versus a $881/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38012, Brownsville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,235 (100%) |
| Owner Occupied HU | 3,273 (52.5%) |
| Renter Occupied HU | 2,315 (37.1%) |
| Vacant Housing Units | 647 (10.4%) |
| Median Home Value | $219,276 |
| Average Home Value | $274,950 |
Housing Distribution
Address Breakdown
Residential
6,009
Single Family
5,728
Multi-Family
281
Businesses
597
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Listed by: Stephanie L Arender • Crye-Leike, Inc., REALTORS
Mls Name: MAAR
Mls ID: #10199553