1581 Wingfoot CtCookevilleTN38506
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 1581 Wingfoot Ct, Cookeville, TN, 38506 earns $317/mo cash flow from $2,083/mo rent with a $1,444/mo payment. Total monthly income totals $2,083/mo, and annual cash flow totals $3,804/yr on $97,793 capital. ROI tracks 23.8% on current figures, and rental yield reads 8.47% at a $295,000 purchase. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 over five years. Five-year ROI reaches 123.41% and total cumulative return in cash sums $120,686. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,083/mo property income instead of your personal income.
Single Family
Built in 2013
4,924 sqft 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: Vickie Herron • RE/MAX ONE, LLC
Mls Name: UCMLS
Mls ID: #239725