84 Fairway Villa LnDecaturvilleTN38329
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
Rental property for sale in Decaturville at 84 Fairway Villa Ln, Decaturville, TN, 38329 offers $2,975/mo rent that, after a $2,393/mo payment, leaves $48/mo cash flow. Total monthly income is $2,975/mo, and annual cash flow is $578/yr on $162,104 cash. Return on cash invested measures 20.27% in year one, and rental yield stands at 7.3% at a $489,000 entry. Equity gained on principal adds $3,155/yr while 5% annual appreciation compounds into $135,102 by year five. Five-year ROI records 104.5% and total cumulative return in cash reaches $169,402. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,975/mo property income versus a $2,393/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
0.31 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sommer Crosby • Clear Choice Realty
Mls Name: CWTAR
Mls Provider:
Mls ID: #245651
Disclaimer: Some or all of the listings displayed may not belong to the firm whose website is being visited. 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.