173 Walnut Ave EMc 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 173 Walnut Ave E, Mc Kenzie, TN, 38201 with 5% annual appreciation on a $165,000 basis while $1,411/mo rent supports operations. Total monthly income totals $1,411/mo and a $808/mo payment preserves $423/mo for cash returns. Annual cash flow comes to $5,074/yr on $54,698 deployed, and return on cash invested reaches 29.19% in year one. Equity gained on principal adds $1,065/yr, and five-year appreciation sums $45,586 alongside rental yield of 10.26%. Five-year ROI measures 152.3% and total cumulative return in cash totals $83,303.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,411/mo property income versus a $808/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1957
0.47 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: Erik Pieniazek • 1st Class Real Estate Advisors
Mls Name: CWTAR
Mls Provider:
Mls ID: #246942
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