1430 State Route 77AtwoodTN38220
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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 Atwood at 1430 State Route 77, Atwood, TN, 38220 uses $72,599 cash to close to unlock $10,187/yr annual cash flow and $849/mo monthly cash flow. Total monthly income runs $2,160/mo, and a $1,072/mo payment keeps the spread at $849/mo. Purchase price stands at $219,000, and rental yield measures 11.84% with $2,160/mo rent. Return on cash invested shows 33.94% in year one, and 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 177.83% and total cumulative return in cash records $129,105. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,160/mo property income covering a $1,072/mo payment rather than investor’s personal income.
Manufactured
Built in 1995
1.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38220, Atwood, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 969 (100%) |
| Owner Occupied HU | 676 (69.8%) |
| Renter Occupied HU | 186 (19.2%) |
| Vacant Housing Units | 107 (11.0%) |
| Median Home Value | $151,136 |
| Average Home Value | $198,584 |
Housing Distribution
Address Breakdown
Residential
713
Single Family
713
Multi-Family
0
Businesses
35
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