2600 Spring Arbor Ct LOT 99CookevilleTN38501
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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 Cookeville at 2600 Spring Arbor Ct LOT 99, Cookeville, TN, 38501 generates $1,980/mo in rent, after a $2,227/mo payment. Total monthly income is $1,980/mo. Return on cash invested sits at 13.99% in year one, and rental yield is 5.22% on a $454,900 entry. Equity gained on principal adds $2,935/yr, while 5% annual appreciation builds toward $125,680 over five years. Five-year ROI reaches 70.85% and total cumulative return in cash sums $106,844. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,980/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.81 Acres 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
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Listed by: Amanda Wheet • Keller Williams Realty DBA Cookeville RE Company
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2891386
Disclaimer: Based on information submitted to the MLS GRID as of 2025-05-27 07:47:51 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#99)