15 Sunkist Beach RdTiptonvilleTN38079
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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
Rental property for sale in Tiptonville at 15 Sunkist Beach Rd, Tiptonville, TN, 38079 priced at $310,000 pairs $2,106/mo rent with $251/mo cash flow after a $1,517/mo payment. Total monthly income equals $2,106/mo, and annual cash flow comes to $3,007/yr on $102,765 invested. Return on cash invested is 22.84% in year one, and rental yield stands at 8.15% on a $310,000 basis. Equity gained on principal adds $2,000/yr, and 5% annual appreciation accumulates to $85,647 by year five. Five-year ROI measures 118.28% and total cumulative return in cash reaches $121,555. For financing, Ziffy Mortgage’s DSCR program evaluates $2,106/mo property income against a $1,517/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1972
1.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38079, Tiptonville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,496 (100%) |
| Owner Occupied HU | 694 (46.4%) |
| Renter Occupied HU | 566 (37.8%) |
| Vacant Housing Units | 236 (15.8%) |
| Median Home Value | $181,753 |
| Average Home Value | $255,634 |
Housing Distribution
Address Breakdown
Residential
1,418
Single Family
1,368
Multi-Family
50
Businesses
137
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Listed by: Lori Brush • Ragan Realty Group
Mls Name: CWTAR
Mls Provider:
Mls ID: #2502203
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