222 Shannon LnAtokaTN38004
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Nearby investment properties with comparable prices
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 Atoka at 222 Shannon Ln, Atoka, TN, 38004 priced at $230,000 pairs $2,122/mo rent with $745/mo cash flow after a $1,126/mo payment. Total monthly income equals $2,122/mo, and annual cash flow comes to $8,939/yr on $76,245 invested. Return on cash invested is 31.63% in year one, and rental yield stands at 11.07% on a $230,000 basis. Equity gained on principal adds $1,484/yr, and 5% annual appreciation accumulates to $63,545 by year five. Five-year ROI measures 165.44% and total cumulative return in cash reaches $126,139. For financing, Ziffy Mortgage’s DSCR program evaluates $2,122/mo property income against a $1,126/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1991
1.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38004, Atoka, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,488 (100%) |
| Owner Occupied HU | 3,809 (84.9%) |
| Renter Occupied HU | 548 (12.2%) |
| Vacant Housing Units | 131 ( 2.9%) |
| Median Home Value | $302,628 |
| Average Home Value | $323,020 |
Housing Distribution
Address Breakdown
Residential
4,300
Single Family
4,121
Multi-Family
179
Businesses
300
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