1000 Verles RdMedonTN38356
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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 Medon at 1000 Verles Rd, Medon, TN, 38356 offers a 6.33% rental yield on a $324,900 purchase with $1,714/mo rent. 34% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,764 over five years. Portfolio math shows five-year ROI at 88.81% and total cumulative return in cash at $95,657. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,714/mo property income against a $1,590/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
1.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38356, Medon, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,126 (100%) |
| Owner Occupied HU | 807 (71.7%) |
| Renter Occupied HU | 193 (17.1%) |
| Vacant Housing Units | 126 (11.2%) |
| Median Home Value | $161,731 |
| Average Home Value | $211,338 |
Housing Distribution
Address Breakdown
Residential
992
Single Family
992
Multi-Family
0
Businesses
40
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