120 Jimmie Lee Cv,Munford,TN,38058

Investment Highlights

Rental property for sale in Munford at 120 Jimmie Lee Cv, Munford, TN, 38058 priced at $422,000 converts $3,264/mo rent into $738/mo cash flow after a $2,065/mo obligation. Total monthly income equals $3,264/mo, and annual cash flow totals $8,860/yr on $139,893 invested. Return on cash invested prints 26.24% in year one, and rental yield reads 9.28% against a $422,000 entry. Equity gained on principal adds $2,723/yr, while 5% annual appreciation compiles into $116,591 by year five. Five-year ROI reaches 136.55% and total cumulative return in cash sums $191,027. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,264/mo property income covering a $2,065/mo payment, not borrower’s personal income.