185 Baxter RdCounceTN38326
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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 Counce at 185 Baxter Rd, Counce, TN, 38326 offers $1,800/mo rent that, after a $2,442/mo payment. Total monthly income is $1,800/mo. Return on cash invested measures 11.3% in year one, and rental yield stands at 4.33% at a $499,000 entry. Equity gained on principal adds $3,220/yr while 5% annual appreciation compounds into $137,865 by year five. Five-year ROI records 56.43% and total cumulative return in cash reaches $93,342. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,800/mo property income versus a $2,442/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
5.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38326, Counce, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,466 (100%) |
| Owner Occupied HU | 1,076 (43.6%) |
| Renter Occupied HU | 218 ( 8.8%) |
| Vacant Housing Units | 1,172 (47.5%) |
| Median Home Value | $226,126 |
| Average Home Value | $315,918 |
Housing Distribution
Address Breakdown
Residential
1,424
Single Family
1,397
Multi-Family
27
Businesses
143
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