116 Landiss AveCumberland CityTN37050
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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 Cumberland City at 116 Landiss Ave, Cumberland City, TN, 37050 uses $56,024 cash to close to unlock $126/yr annual cash flow and $11/mo monthly cash flow. Total monthly income runs $1,022/mo, and a $827/mo payment keeps the spread at $11/mo. Purchase price stands at $169,000, and rental yield measures 7.26% with $1,022/mo rent. Return on cash invested shows 20.13% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 103.83% and total cumulative return in cash records $58,171. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,022/mo property income covering a $827/mo payment rather than investor’s personal income.
Manufactured
Built in 2000
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37050, Cumberland City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 858 (100%) |
| Owner Occupied HU | 584 (68.1%) |
| Renter Occupied HU | 142 (16.6%) |
| Vacant Housing Units | 132 (15.4%) |
| Median Home Value | $201,515 |
| Average Home Value | $264,431 |
Housing Distribution
Address Breakdown
Residential
746
Single Family
746
Multi-Family
0
Businesses
37
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Listed by: John Smith • Due South Realty, LLC
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3048994