12 Stone CirCookevilleTN38501
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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 Cookeville at 12 Stone Cir, Cookeville, TN, 38501 with 5% annual appreciation on a $335,000 basis while $2,194/mo rent supports operations. Total monthly income totals $2,194/mo and a $1,640/mo payment preserves $188/mo for cash returns. Annual cash flow comes to $2,259/yr on $111,053 deployed, and return on cash invested reaches 21.94% in year one. Equity gained on principal adds $2,162/yr, and five-year appreciation sums $92,554 alongside rental yield of 7.86%. Five-year ROI measures 113.52% and total cumulative return in cash totals $126,068.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,194/mo property income versus a $1,640/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
8,274 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38501, Cookeville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,090 (100%) |
| Owner Occupied HU | 8,910 (44.4%) |
| Renter Occupied HU | 9,181 (45.7%) |
| Vacant Housing Units | 1,999 ( 10.0%) |
| Median Home Value | $314,239 |
| Average Home Value | $373,460 |
Housing Distribution
Address Breakdown
Residential
18,524
Single Family
17,163
Multi-Family
1,361
Businesses
1,899
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Listed by: Donnita Hill • Exit Rocky Top Realty-CK
Mls Name: UCMLS
Mls Provider:
Mls ID: #235602
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