2285 Hunt RdCottage 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
Rental property for sale in Cottage Grove at 2285 Hunt Rd, Cottage Grove, TN, 38224 offers $2,050/mo rent that, after a $2,423/mo payment. Total monthly income is $2,050/mo. Return on cash invested measures 13.23% in year one, and rental yield stands at 4.97% at a $495,000 entry. Equity gained on principal adds $3,194/yr while 5% annual appreciation compounds into $136,759 by year five. Five-year ROI records 66.76% and total cumulative return in cash reaches $109,546. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,050/mo property income versus a $2,423/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
8 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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Listed by: Alex Bynum • WENDELL ALEXANDER REALTY
Mls Name: RRAR
Mls ID: #44984
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.