17 Crooked Creek DrOakfieldTN38362
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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 Oakfield at 17 Crooked Creek Dr, Oakfield, TN, 38362 uses $69,582 cash to close to unlock $2,926/yr annual cash flow and $244/mo monthly cash flow. Total monthly income runs $1,500/mo, and a $1,027/mo payment keeps the spread at $244/mo. Purchase price stands at $209,900, and rental yield measures 8.58% with $1,500/mo rent. Return on cash invested shows 24.11% in year one, and 5% annual appreciation builds toward $57,992 over five years. Five-year ROI reaches 125.11% and total cumulative return in cash records $87,056. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,500/mo property income covering a $1,027/mo payment rather than investor’s personal income.
Single Family
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38362, Oakfield, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 526 (100%) |
| Owner Occupied HU | 423 (80.4%) |
| Renter Occupied HU | 76 (14.4%) |
| Vacant Housing Units | 27 ( 5.1%) |
| Median Home Value | $289,286 |
| Average Home Value | $302,689 |
Housing Distribution
Address Breakdown
Residential
512
Single Family
512
Multi-Family
0
Businesses
18
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Listed by: Peggy Graves • Coldwell Banker Southern Realty
Mls Name: CWTAR
Mls Provider:
Mls ID: #2501817
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