310 Chesnut Ridge CvOaklandTN38060
Nearby investment properties with comparable rents
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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 Oakland at 310 Chesnut Ridge Cv, Oakland, TN, 38060 at $424,900 posts ROI 28% with $949/mo cash flow from $3,493/mo rent. Total monthly income equals $3,493/mo, and annual cash flow records $11,390/yr on $140,854 to close. Return on cash invested measures 28% and rental yield reads 9.86% at the current $424,900. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,392 by year five. Five-year ROI prints 145.96% and total cumulative return in cash totals $205,593.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,493/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38060, Oakland, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,358 (100%) |
| Owner Occupied HU | 4,736 (88.4%) |
| Renter Occupied HU | 467 ( 8.7%) |
| Vacant Housing Units | 155 ( 2.9%) |
| Median Home Value | $326,093 |
| Average Home Value | $344,010 |
Housing Distribution
Address Breakdown
Residential
5,570
Single Family
5,570
Multi-Family
0
Businesses
254
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Listed by: Amanda Hamilton • Regency Realty, LLC
Mls Name: MAAR
Mls Provider:
Mls ID: #10173702
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