2175 Highway 140 NCottage GroveTN38224
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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 Cottage Grove at 2175 Highway 140 N, Cottage Grove, TN, 38224 listed at $399,000 pairs $1,631/mo rent with a $1,953/mo payment. Total monthly income runs $1,631/mo. Return on cash invested measures 13.04% in year one, and rental yield registers 4.91% at a $399,000 basis. Equity gained on principal adds $2,575/yr, and annual property appreciation at 5% supports $110,236 by year five. Five-year ROI tracks 65.73% and total cumulative return in cash totals $86,942. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,631/mo property income relative to a $1,953/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1978
4.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38224, Cottage Grove, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 443 (100%) |
| Owner Occupied HU | 294 (66.4%) |
| Renter Occupied HU | 94 (21.2%) |
| Vacant Housing Units | 55 (12.4%) |
| Median Home Value | $252,778 |
| Average Home Value | $256,063 |
Housing Distribution
Address Breakdown
Residential
390
Single Family
390
Multi-Family
0
Businesses
22
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Nearby investment properties with comparable prices
Listed by: Laura Woodruff • Wendell Alexander Realty
Mls Name: Tennessee Valley MLS
Mls ID: #135116