241 Huntington LnKodakTN37764
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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 Kodak at 241 Huntington Ln, Kodak, TN, 37764 priced at $359,900 converts $2,400/mo rent into $245/mo cash flow after a $1,762/mo obligation. Total monthly income equals $2,400/mo, and annual cash flow totals $2,941/yr on $119,307 invested. Return on cash invested prints 22.37% in year one, and rental yield reads 8% against a $359,900 entry. Equity gained on principal adds $2,322/yr, while 5% annual appreciation compiles into $99,434 by year five. Five-year ROI reaches 115.83% and total cumulative return in cash sums $138,194. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,400/mo property income covering a $1,762/mo payment, not borrower’s personal income.
Single Family
Built in 2022
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37764, Kodak, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,212 (100%) |
| Owner Occupied HU | 3,202 (61.4%) |
| Renter Occupied HU | 1,453 (27.9%) |
| Vacant Housing Units | 557 (10.7%) |
| Median Home Value | $318,597 |
| Average Home Value | $350,287 |
Housing Distribution
Address Breakdown
Residential
4,953
Single Family
4,884
Multi-Family
69
Businesses
223
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