857 Thomas 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 857 Thomas St, Brownsville, TN, 38012 priced at $330,000 converts $2,324/mo rent into $349/mo cash flow after a $1,615/mo obligation. Total monthly income equals $2,324/mo, and annual cash flow totals $4,185/yr on $109,395 invested. Return on cash invested prints 23.73% in year one, and rental yield reads 8.45% against a $330,000 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation compiles into $91,173 by year five. Five-year ROI reaches 123.1% and total cumulative return in cash sums $134,663. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,324/mo property income covering a $1,615/mo payment, not borrower’s personal income.
Single Family
Built in 1977
0.80 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: Tara Joyner • BHGRE Conner Brownsville
Mls Name: CWTAR
Mls ID: #2502221