9349 Old Baxter RdBaxterTN38544
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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 Baxter at 9349 Old Baxter Rd, Baxter, TN, 38544 generates $1,091/mo in rent and, after a $685/mo payment, leaves $253/mo in cash flow. Total monthly income is $1,091/mo, and annual cash flow is $3,039/yr on $46,377 invested. Return on cash invested sits at 26.46% in year one, and rental yield is 9.36% on a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 137.82% and total cumulative return in cash sums $63,915. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,091/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38544, Baxter, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,896 (100%) |
| Owner Occupied HU | 2,768 (71.0%) |
| Renter Occupied HU | 681 (17.5%) |
| Vacant Housing Units | 447 (11.5%) |
| Median Home Value | $303,442 |
| Average Home Value | $350,435 |
Housing Distribution
Address Breakdown
Residential
3,376
Single Family
3,376
Multi-Family
0
Businesses
142
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Listed by: Vickie Loftis • American Way Real Estate
Mls Name: UCMLS
Mls Provider:
Mls ID: #236018
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