915 Lee AveBrownsvilleTN38012
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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
Investment property for sale in Brownsville at 915 Lee Ave, Brownsville, TN, 38012 offers a 9.44% rental yield on a $425,000 purchase with $3,344/mo rent. Total monthly income registers $3,344/mo, and a $2,080/mo payment leaves $800/mo available for distribution. Annual cash flow reaches $9,600/yr on $140,888 to close, and return on cash invested stands at 26.72% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 139.14% and total cumulative return in cash at $196,037. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,344/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
0.47 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: Jimmy Bizzell • EXIT Realty Blues City
Mls Name: CWTAR
Mls ID: #2505835