234 N Mahler AveCookevilleTN38501
Nearby investment properties with comparable rents
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
Investment property for sale in Cookeville at 234 N Mahler Ave, Cookeville, TN, 38501 at $419,000 posts ROI 12.23% with from $1,620/mo rent. Total monthly income equals $1,620/mo. Return on cash invested measures 12.23% and rental yield reads 4.64% at the current $419,000. Equity gained on principal adds $2,704/yr, and 5% annual appreciation supports $115,762 by year five. Five-year ROI prints 61.42% and total cumulative return in cash totals $85,313. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,620/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38501, Cookeville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,090 (100%) |
| Owner Occupied HU | 8,910 (44.4%) |
| Renter Occupied HU | 9,181 (45.7%) |
| Vacant Housing Units | 1,999 ( 10.0%) |
| Median Home Value | $314,239 |
| Average Home Value | $373,460 |
Housing Distribution
Address Breakdown
Residential
18,524
Single Family
17,163
Multi-Family
1,361
Businesses
1,899
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patrick Lynn • First Realty Company
Mls Name: UCMLS
Mls ID: #237817