1565 Canada Flatt RdCookevilleTN38506
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 Cookeville at 1565 Canada Flatt Rd, Cookeville, TN, 38506 listed at $294,927 pairs $2,160/mo rent with a $1,444/mo payment to leave $394/mo cash flow. Total monthly income runs $2,160/mo, and annual cash flow reaches $4,728/yr on $97,768 cash to close. Return on cash invested measures 24.75% in year one, and rental yield registers 8.79% at a $294,927 basis. Equity gained on principal adds $1,903/yr, and annual property appreciation at 5% supports $81,483 by year five. Five-year ROI tracks 128.57% and total cumulative return in cash totals $125,703. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,160/mo property income relative to a $1,444/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38506, Cookeville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,732 (100%) |
| Owner Occupied HU | 9,566 (69.7%) |
| Renter Occupied HU | 3,241 (23.6%) |
| Vacant Housing Units | 925 ( 6.7%) |
| Median Home Value | $318,155 |
| Average Home Value | $357,210 |
Housing Distribution
Address Breakdown
Residential
13,205
Single Family
12,960
Multi-Family
245
Businesses
699
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Corie Fields • The Realty Firm
Mls Name: UCMLS
Mls ID: #241905