93 Tower WayAllardtTN38504
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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 Allardt at 93 Tower Way, Allardt, TN, 38504 priced at $319,900 pairs $2,124/mo rent with $209/mo cash flow after a $1,566/mo payment. Total monthly income equals $2,124/mo, and annual cash flow comes to $2,505/yr on $106,047 invested. Return on cash invested is 22.27% in year one, and rental yield stands at 7.97% on a $319,900 basis. Equity gained on principal adds $2,064/yr, and 5% annual appreciation accumulates to $88,382 by year five. Five-year ROI measures 115.24% and total cumulative return in cash reaches $122,204. For financing, Ziffy Mortgage’s DSCR program evaluates $2,124/mo property income against a $1,566/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
2.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38504, Allardt, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 579 (100%) |
| Owner Occupied HU | 423 (73.1%) |
| Renter Occupied HU | 59 (10.2%) |
| Vacant Housing Units | 97 (16.8%) |
| Median Home Value | $123,295 |
| Average Home Value | $205,928 |
Housing Distribution
Address Breakdown
Residential
429
Single Family
429
Multi-Family
0
Businesses
26
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