10423 Slemp RdKodakTN37764
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 Kodak at 10423 Slemp Rd, Kodak, TN, 37764 listed at $250,000 pairs $2,400/mo rent with a $1,224/mo payment to leave $903/mo cash flow. Total monthly income runs $2,400/mo, and annual cash flow reaches $10,837/yr on $82,875 cash to close. Return on cash invested measures 32.99% in year one, and rental yield registers 11.52% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 172.75% and total cumulative return in cash totals $143,170. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,400/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37764, Kodak, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,212 (100%) |
| Owner Occupied HU | 3,202 (61.4%) |
| Renter Occupied HU | 1,453 (27.9%) |
| Vacant Housing Units | 557 (10.7%) |
| Median Home Value | $318,597 |
| Average Home Value | $350,287 |
Housing Distribution
Address Breakdown
Residential
4,953
Single Family
4,884
Multi-Family
69
Businesses
223
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices