159 Smith AveMc KenzieTN38201
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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 Mc Kenzie at 159 Smith Ave, Mc Kenzie, TN, 38201 uses $81,218 cash to close to unlock $2,418/yr annual cash flow and $202/mo monthly cash flow. Total monthly income runs $1,668/mo, and a $1,199/mo payment keeps the spread at $202/mo. Purchase price stands at $245,000, and rental yield measures 8.17% with $1,668/mo rent. Return on cash invested shows 22.89% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 118.56% and total cumulative return in cash records $96,288. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,668/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Single Family
Built in 1979
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38201, Mc Kenzie, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,374 (100%) |
| Owner Occupied HU | 2,635 (60.2%) |
| Renter Occupied HU | 1,118 (25.6%) |
| Vacant Housing Units | 621 (14.2%) |
| Median Home Value | $188,059 |
| Average Home Value | $229,028 |
Housing Distribution
Address Breakdown
Residential
4,125
Single Family
4,071
Multi-Family
54
Businesses
383
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Listed by: Janet Nelson • Premier Realty Group of West Tennessee LLC
Mls Name: Tennessee Valley MLS
Mls Provider:
Mls ID: #132870
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