928 Morningside DrHuntingdonTN38344
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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 Huntingdon at 928 Morningside Dr, Huntingdon, TN, 38344 priced at $329,000 converts $2,605/mo rent into $636/mo cash flow after a $1,610/mo obligation. Total monthly income equals $2,605/mo, and annual cash flow totals $7,630/yr on $109,064 invested. Return on cash invested prints 26.9% in year one, and rental yield reads 9.5% against a $329,000 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation compiles into $90,897 by year five. Five-year ROI reaches 140.08% and total cumulative return in cash sums $152,781. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,605/mo property income covering a $1,610/mo payment, not borrower’s personal income.
Single Family
Built in 2022
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38344, Huntingdon, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,254 (100%) |
| Owner Occupied HU | 2,872 (67.5%) |
| Renter Occupied HU | 950 (22.3%) |
| Vacant Housing Units | 432 (10.2%) |
| Median Home Value | $165,152 |
| Average Home Value | $242,688 |
Housing Distribution
Address Breakdown
Residential
3,996
Single Family
3,940
Multi-Family
56
Businesses
417
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Listed by: Chad Taylor • Taylor Real Estate & Auction
Mls Name: Tennessee Valley MLS
Mls Provider:
Mls ID: #133906
Disclaimer: Copyright Tennessee Valley Association of REALTORS. All rights reserved. Some or all of the listings displayed may not belong to the firm whose website is being visited. Information is deemed reliable but not guaranteed.