2420 Bailey Bridge RdChuckeyTN37641
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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 Chuckey at 2420 Bailey Bridge Rd, Chuckey, TN, 37641 listed at $119,000 pairs $1,138/mo rent with a $582/mo payment to leave $426/mo cash flow. Total monthly income runs $1,138/mo, and annual cash flow reaches $5,113/yr on $39,449 cash to close. Return on cash invested measures 32.87% in year one, and rental yield registers 11.48% at a $119,000 basis. Equity gained on principal adds $768/yr, and annual property appreciation at 5% supports $32,878 by year five. Five-year ROI tracks 172.22% and total cumulative return in cash totals $67,937. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,138/mo property income relative to a $582/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2005
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37641, Chuckey, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,154 (100%) |
| Owner Occupied HU | 3,093 (74.5%) |
| Renter Occupied HU | 661 (15.9%) |
| Vacant Housing Units | 400 ( 9.6%) |
| Median Home Value | $276,599 |
| Average Home Value | $303,832 |
Housing Distribution
Address Breakdown
Residential
3,938
Single Family
3,938
Multi-Family
0
Businesses
90
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Listed by: Sherree Holt • REMAX Checkmate, Inc. Realtors
Mls Name: TVRMLS
Mls ID: #9979392
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