140 Jace WayKodakTN37764
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
Rental property for sale in Kodak at 140 Jace Way, Kodak, TN, 37764 priced at $282,805 converts $2,400/mo rent into $707/mo cash flow after a $1,384/mo obligation. Total monthly income equals $2,400/mo, and annual cash flow totals $8,487/yr on $93,750 invested. Return on cash invested prints 28.96% in year one, and rental yield reads 10.18% against a $282,805 entry. Equity gained on principal adds $1,825/yr, while 5% annual appreciation compiles into $78,134 by year five. Five-year ROI reaches 151.16% and total cumulative return in cash sums $141,709. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,400/mo property income covering a $1,384/mo payment, not borrower’s personal income.
Single Family
Built in 2025
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37764, Kodak, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,212 (100%) |
| Owner Occupied HU | 3,202 (61.4%) |
| Renter Occupied HU | 1,453 (27.9%) |
| Vacant Housing Units | 557 (10.7%) |
| Median Home Value | $318,597 |
| Average Home Value | $350,287 |
Housing Distribution
Address Breakdown
Residential
4,953
Single Family
4,884
Multi-Family
69
Businesses
223
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices