344 E 18th StCookevilleTN38501
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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 Cookeville at 344 E 18th St, Cookeville, TN, 38501 earns $11/mo cash flow from $1,980/mo rent with a $1,610/mo payment. Total monthly income totals $1,980/mo, and annual cash flow totals $130/yr on $109,064 capital. ROI tracks 20.03% on current figures, and rental yield reads 7.22% at a $329,000 purchase. Equity gained on principal adds $2,123/yr, and 5% annual appreciation supports $90,897 over five years. Five-year ROI reaches 103.2% and total cumulative return in cash sums $112,557. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,980/mo property income instead of your personal income.
Single Family
Built in 1957
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38501, Cookeville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,090 (100%) |
| Owner Occupied HU | 8,910 (44.4%) |
| Renter Occupied HU | 9,181 (45.7%) |
| Vacant Housing Units | 1,999 ( 10.0%) |
| Median Home Value | $314,239 |
| Average Home Value | $373,460 |
Housing Distribution
Address Breakdown
Residential
18,524
Single Family
17,163
Multi-Family
1,361
Businesses
1,899
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Listed by: Mitch Copeland • The Realty Firm
Mls Name: UCMLS
Mls ID: #241469