949 W Highway 22Union CityTN38261
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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 Union City at 949 W Highway 22, Union City, TN, 38261 listed at $297,500 pairs $1,663/mo rent with a $1,456/mo payment. Total monthly income runs $1,663/mo. Return on cash invested measures 18.48% in year one, and rental yield registers 6.71% at a $297,500 basis. Equity gained on principal adds $1,920/yr, and annual property appreciation at 5% supports $82,194 by year five. Five-year ROI tracks 94.92% and total cumulative return in cash totals $93,607. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,663/mo property income relative to a $1,456/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1984
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38261, Union City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,533 (100%) |
| Owner Occupied HU | 4,170 (55.4%) |
| Renter Occupied HU | 2,739 (36.4%) |
| Vacant Housing Units | 624 ( 8.3%) |
| Median Home Value | $193,936 |
| Average Home Value | $230,429 |
Housing Distribution
Address Breakdown
Residential
7,113
Single Family
6,799
Multi-Family
314
Businesses
648
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Listed by: Ben Parker • CENTURY 21 GOLDEN SERVICE REALTY
Mls Name: RRAR
Mls ID: #45172
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.