1815 McCollum RdReaganTN38368
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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 Reagan at 1815 McCollum Rd, Reagan, TN, 38368 listed at $192,500 pairs $1,832/mo rent with a $942/mo payment to leave $680/mo cash flow. Total monthly income runs $1,832/mo, and annual cash flow reaches $8,158/yr on $63,814 cash to close. Return on cash invested measures 32.69% in year one, and rental yield registers 11.42% at a $192,500 basis. Equity gained on principal adds $1,242/yr, and annual property appreciation at 5% supports $53,184 by year five. Five-year ROI tracks 171.11% and total cumulative return in cash totals $109,193. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,832/mo property income relative to a $942/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1963
1.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38368, Reagan, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 940 (100%) |
| Owner Occupied HU | 638 (67.9%) |
| Renter Occupied HU | 167 (17.8%) |
| Vacant Housing Units | 135 (14.4%) |
| Median Home Value | $198,958 |
| Average Home Value | $248,100 |
Housing Distribution
Address Breakdown
Residential
841
Single Family
841
Multi-Family
0
Businesses
25
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