375 Leggett 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 375 Leggett Dr, Atoka, TN, 38004 priced at $341,000 converts $2,546/mo rent into $505/mo cash flow after a $1,669/mo obligation. Total monthly income equals $2,546/mo, and annual cash flow totals $6,057/yr on $113,042 invested. Return on cash invested prints 25.27% in year one, and rental yield reads 8.96% against a $341,000 entry. Equity gained on principal adds $2,200/yr, while 5% annual appreciation compiles into $94,212 by year five. Five-year ROI reaches 131.31% and total cumulative return in cash sums $148,436. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,546/mo property income covering a $1,669/mo payment, not borrower’s personal income.
Single Family
Built in 2000
1.70 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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