2947 Sims RdKodakTN37764
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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 Kodak at 2947 Sims Rd, Kodak, TN, 37764 offers a 5.98% rental yield on a $669,900 purchase with $3,336/mo rent. 39% in year one. Equity gained on principal adds $4,323/yr while 5% annual appreciation supports $185,081 over five years. Portfolio math shows five-year ROI at 83.67% and total cumulative return in cash at $184,401. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,336/mo property income against a $3,279/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
3.93 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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