34 L Mitchell RdKelsoTN37348
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Kelso at 34 L Mitchell Rd, Kelso, TN, 37348 with 5% annual appreciation on a $352,000 basis while $2,382/mo rent supports operations. Total monthly income totals $2,382/mo and a $1,723/mo payment preserves $275/mo for cash returns. Annual cash flow comes to $3,297/yr on $116,688 deployed, and return on cash invested reaches 22.73% in year one. Equity gained on principal adds $2,271/yr, and five-year appreciation sums $97,251 alongside rental yield of 8.12%. Five-year ROI measures 117.72% and total cumulative return in cash totals $137,370.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,382/mo property income versus a $1,723/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1987
1 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37348, Kelso, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 641 (100%) |
| Owner Occupied HU | 450 (70.2%) |
| Renter Occupied HU | 111 (17.3%) |
| Vacant Housing Units | 80 (12.5%) |
| Median Home Value | $351,220 |
| Average Home Value | $350,728 |
Housing Distribution
Address Breakdown
Residential
611
Single Family
611
Multi-Family
0
Businesses
22
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