176 Bowman RdMedonTN38356
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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
Rental property for sale in Medon at 176 Bowman Rd, Medon, TN, 38356 priced at $175,000 converts $1,669/mo rent into $621/mo cash flow after a $857/mo obligation. Total monthly income equals $1,669/mo, and annual cash flow totals $7,452/yr on $58,013 invested. Return on cash invested prints 32.75% in year one, and rental yield reads 11.44% against a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 171.43% and total cumulative return in cash sums $99,451. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,669/mo property income covering a $857/mo payment, not borrower’s personal income.
Manufactured
Built in 2020
5.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38356, Medon, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,126 (100%) |
| Owner Occupied HU | 807 (71.7%) |
| Renter Occupied HU | 193 (17.1%) |
| Vacant Housing Units | 126 (11.2%) |
| Median Home Value | $161,731 |
| Average Home Value | $211,338 |
Housing Distribution
Address Breakdown
Residential
992
Single Family
992
Multi-Family
0
Businesses
40
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Listed by: Ben Roberts • RE/MAX Realty Source
Mls Name: CWTAR
Mls Provider:
Mls ID: #2502596
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