189 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 189 Walnut Ave E, Mc Kenzie, TN, 38201 earns $586/mo cash flow from $1,634/mo rent with a $857/mo payment. Total monthly income totals $1,634/mo, and annual cash flow totals $7,032/yr on $58,013 capital. ROI tracks 32.03% on current figures, and rental yield reads 11.2% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 167.56% and total cumulative return in cash sums $97,207. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,634/mo property income instead of your personal income.
Single Family
Built in 1920
0.33 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: Valarie McMackin • Nicky Joe Stafford Real Estate
Mls Name: Tennessee Valley MLS
Mls Provider:
Mls ID: #134298
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