102 Driftwood RdCounceTN38326
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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 Counce at 102 Driftwood Rd, Counce, TN, 38326 uses $62,819 cash to close to unlock $4,046/yr annual cash flow and $337/mo monthly cash flow. Total monthly income runs $1,472/mo, and a $928/mo payment keeps the spread at $337/mo. Purchase price stands at $189,500, and rental yield measures 9.32% with $1,472/mo rent. Return on cash invested shows 26.35% in year one, and 5% annual appreciation builds toward $52,355 over five years. Five-year ROI reaches 137.19% and total cumulative return in cash records $86,183. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,472/mo property income covering a $928/mo payment rather than investor’s personal income.
Condo
Built in 1990
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38326, Counce, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,466 (100%) |
| Owner Occupied HU | 1,076 (43.6%) |
| Renter Occupied HU | 218 ( 8.8%) |
| Vacant Housing Units | 1,172 (47.5%) |
| Median Home Value | $226,126 |
| Average Home Value | $315,918 |
Housing Distribution
Address Breakdown
Residential
1,424
Single Family
1,397
Multi-Family
27
Businesses
143
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