1051 Meek StMadisonvilleTN37354
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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 Madisonville at 1051 Meek St, Madisonville, TN, 37354 earns $447/mo cash flow from $1,680/mo rent with a $1,008/mo payment. Total monthly income totals $1,680/mo, and annual cash flow totals $5,365/yr on $68,289 capital. ROI tracks 27.77% on current figures, and rental yield reads 9.79% at a $206,000 purchase. Equity gained on principal adds $1,329/yr, and 5% annual appreciation supports $56,914 over five years. Five-year ROI reaches 144.79% and total cumulative return in cash sums $98,876. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,680/mo property income instead of your personal income.
Single Family
Built in 1958
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37354, Madisonville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,141 (100%) |
| Owner Occupied HU | 5,449 (66.9%) |
| Renter Occupied HU | 1,982 (24.3%) |
| Vacant Housing Units | 710 ( 8.7%) |
| Median Home Value | $230,365 |
| Average Home Value | $262,682 |
Housing Distribution
Address Breakdown
Residential
7,617
Single Family
7,601
Multi-Family
16
Businesses
566
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Listed by: Emily Grzyb • Concord Real Estate & Appraisal
Mls Name: East Tennessee Realtors
Mls ID: #1324934