312 Cherry AveMc 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 312 Cherry Ave, Mc Kenzie, TN, 38201 priced at $159,000 converts $1,560/mo rent into $608/mo cash flow after a $778/mo obligation. Total monthly income equals $1,560/mo, and annual cash flow totals $7,301/yr on $52,709 invested. Return on cash invested prints 33.76% in year one, and rental yield reads 11.77% against a $159,000 entry. Equity gained on principal adds $1,026/yr, while 5% annual appreciation compiles into $43,929 by year five. Five-year ROI reaches 176.92% and total cumulative return in cash sums $93,252. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,560/mo property income covering a $778/mo payment, not borrower’s personal income.
Multi Family
Built in 1936
0.60 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: George James Lambros III • Tennessee Valley Realty and Investment Group, PLLC
Mls Name: Tennessee Valley MLS
Mls Provider:
Mls ID: #133909
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