121 Cordell RdGruetli LaagerTN37339
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 Gruetli Laager at 121 Cordell Rd, Gruetli Laager, TN, 37339 at $135,000 posts ROI 25.64% with $214/mo cash flow from $1,022/mo rent. Total monthly income equals $1,022/mo, and annual cash flow records $2,564/yr on $44,753 to close. Return on cash invested measures 25.64% and rental yield reads 9.08% at the current $135,000. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 by year five. Five-year ROI prints 133.35% and total cumulative return in cash totals $59,677.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,022/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1976
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37339, Gruetli Laager, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 837 (100%) |
| Owner Occupied HU | 650 (77.7%) |
| Renter Occupied HU | 104 (12.4%) |
| Vacant Housing Units | 83 ( 9.9%) |
| Median Home Value | $158,280 |
| Average Home Value | $176,500 |
Housing Distribution
Address Breakdown
Residential
531
Single Family
531
Multi-Family
0
Businesses
35
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Linda Whetsel • Century 21 Coffee County Realty & Auction
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2981496