841 Turner RdMartinTN38237
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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 Martin at 841 Turner Rd, Martin, TN, 38237 priced at $157,900 pairs $1,541/mo rent with $596/mo cash flow after a $773/mo payment. Total monthly income equals $1,541/mo, and annual cash flow comes to $7,148/yr on $52,344 invested. Return on cash invested is 33.56% in year one, and rental yield stands at 11.71% on a $157,900 basis. Equity gained on principal adds $1,019/yr, and 5% annual appreciation accumulates to $43,625 by year five. Five-year ROI measures 175.84% and total cumulative return in cash reaches $92,042. For financing, Ziffy Mortgage’s DSCR program evaluates $1,541/mo property income against a $773/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2000
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38237, Martin, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,024 (100%) |
| Owner Occupied HU | 3,516 (50.1%) |
| Renter Occupied HU | 2,722 (38.8%) |
| Vacant Housing Units | 786 (11.2%) |
| Median Home Value | $278,006 |
| Average Home Value | $306,160 |
Housing Distribution
Address Breakdown
Residential
6,621
Single Family
6,344
Multi-Family
277
Businesses
520
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