320 Barren RdChuckeyTN37641
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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 Chuckey at 320 Barren Rd, Chuckey, TN, 37641 offers $2,299/mo rent that, after a $2,075/mo payment. Total monthly income is $2,299/mo. Return on cash invested measures 17.87% in year one, and rental yield stands at 6.51% at a $424,000 entry. Equity gained on principal adds $2,736/yr while 5% annual appreciation compounds into $117,143 by year five. Five-year ROI records 91.66% and total cumulative return in cash reaches $128,835. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,299/mo property income versus a $2,075/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
1.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37641, Chuckey, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,154 (100%) |
| Owner Occupied HU | 3,093 (74.5%) |
| Renter Occupied HU | 661 (15.9%) |
| Vacant Housing Units | 400 ( 9.6%) |
| Median Home Value | $276,599 |
| Average Home Value | $303,832 |
Housing Distribution
Address Breakdown
Residential
3,938
Single Family
3,938
Multi-Family
0
Businesses
90
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