342 Duncan DrAtokaTN38004
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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 Atoka at 342 Duncan Dr, Atoka, TN, 38004 generates $2,980/mo in rent and, after a $2,031/mo payment, leaves $496/mo in cash flow. Total monthly income is $2,980/mo, and annual cash flow is $5,952/yr on $137,573 invested. Return on cash invested sits at 24.24% in year one, and rental yield is 8.62% on a $415,000 entry. Equity gained on principal adds $2,678/yr, while 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 125.76% and total cumulative return in cash sums $173,013. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,980/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38004, Atoka, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,488 (100%) |
| Owner Occupied HU | 3,809 (84.9%) |
| Renter Occupied HU | 548 (12.2%) |
| Vacant Housing Units | 131 ( 2.9%) |
| Median Home Value | $302,628 |
| Average Home Value | $323,020 |
Housing Distribution
Address Breakdown
Residential
4,300
Single Family
4,121
Multi-Family
179
Businesses
300
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