101 Mill Cove LnMc DonaldTN37353
Nearby investment properties with comparable rents
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
Investment property for sale in Mc Donald at 101 Mill Cove Ln, Mc Donald, TN, 37353 with 5% annual appreciation on a $294,900 basis while $1,956/mo rent supports operations. Total monthly income totals $1,956/mo and a $1,443/mo payment preserves $191/mo for cash returns. Annual cash flow comes to $2,293/yr on $97,759 deployed, and return on cash invested reaches 22.25% in year one. Equity gained on principal adds $1,903/yr, and five-year appreciation sums $81,475 alongside rental yield of 7.96%. Five-year ROI measures 115.2% and total cumulative return in cash totals $112,615.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,956/mo property income versus a $1,443/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2001
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37353, Mc Donald, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,324 (100%) |
| Owner Occupied HU | 1,700 (73.1%) |
| Renter Occupied HU | 438 (18.8%) |
| Vacant Housing Units | 186 ( 8.0%) |
| Median Home Value | $335,572 |
| Average Home Value | $400,896 |
Housing Distribution
Address Breakdown
Residential
2,114
Single Family
2,114
Multi-Family
0
Businesses
86
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices