3497 Whittaker RdCookevilleTN38506
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 Cookeville at 3497 Whittaker Rd, Cookeville, TN, 38506 at $169,000 posts ROI 26.37% with $302/mo cash flow from $1,313/mo rent. Total monthly income equals $1,313/mo, and annual cash flow records $3,618/yr on $56,024 to close. Return on cash invested measures 26.37% and rental yield reads 9.32% at the current $169,000. Equity gained on principal adds $1,091/yr, and 5% annual appreciation supports $46,692 by year five. Five-year ROI prints 137.27% and total cumulative return in cash totals $76,903.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,313/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38506, Cookeville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,732 (100%) |
| Owner Occupied HU | 9,566 (69.7%) |
| Renter Occupied HU | 3,241 (23.6%) |
| Vacant Housing Units | 925 ( 6.7%) |
| Median Home Value | $318,155 |
| Average Home Value | $357,210 |
Housing Distribution
Address Breakdown
Residential
13,205
Single Family
12,960
Multi-Family
245
Businesses
699
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Nearby investment properties with comparable prices
Listed by: Alease Madewell • RE/MAX ONE, LLC
Mls Name: UCMLS
Mls Provider:
Mls ID: #235521
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