31 Plantation CvMc KenzieTN38201
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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 Mc Kenzie at 31 Plantation Cv, Mc Kenzie, TN, 38201 priced at $299,900 converts $2,308/mo rent into $513/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,308/mo, and annual cash flow totals $6,151/yr on $99,417 invested. Return on cash invested prints 26.1% in year one, and rental yield reads 9.24% against a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation compiles into $82,857 by year five. Five-year ROI reaches 135.76% and total cumulative return in cash sums $134,968. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,308/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 1997
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38201, Mc Kenzie, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,374 (100%) |
| Owner Occupied HU | 2,635 (60.2%) |
| Renter Occupied HU | 1,118 (25.6%) |
| Vacant Housing Units | 621 (14.2%) |
| Median Home Value | $188,059 |
| Average Home Value | $229,028 |
Housing Distribution
Address Breakdown
Residential
4,125
Single Family
4,071
Multi-Family
54
Businesses
383
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Listed by: Marco Taaffe • Premier Realty Group W TN, LLC
Mls Name: CWTAR
Mls Provider:
Mls ID: #2501420
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