303 Conger StCumberland CityTN37050
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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 Cumberland City at 303 Conger St, Cumberland City, TN, 37050 offers a 6.56% rental yield on a $225,000 purchase with $1,230/mo rent. 03% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 92.55% and total cumulative return in cash at $69,033. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,230/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1999
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37050, Cumberland City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 858 (100%) |
| Owner Occupied HU | 584 (68.1%) |
| Renter Occupied HU | 142 (16.6%) |
| Vacant Housing Units | 132 (15.4%) |
| Median Home Value | $201,515 |
| Average Home Value | $264,431 |
Housing Distribution
Address Breakdown
Residential
746
Single Family
746
Multi-Family
0
Businesses
37
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Listed by: Nina Skelton • Haus Realty & Management LLC
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3046544