401 Klondike CirKodakTN37764
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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 Kodak at 401 Klondike Cir, Kodak, TN, 37764 generates $2,400/mo in rent, after a $3,108/mo payment. Total monthly income is $2,400/mo. Return on cash invested sits at 12.01% in year one, and rental yield is 4.54% on a $635,000 entry. Equity gained on principal adds $4,098/yr, while 5% annual appreciation builds toward $175,439 over five years. Five-year ROI reaches 60.19% and total cumulative return in cash sums $125,744. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37764, Kodak, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,212 (100%) |
| Owner Occupied HU | 3,202 (61.4%) |
| Renter Occupied HU | 1,453 (27.9%) |
| Vacant Housing Units | 557 (10.7%) |
| Median Home Value | $318,597 |
| Average Home Value | $350,287 |
Housing Distribution
Address Breakdown
Residential
4,953
Single Family
4,884
Multi-Family
69
Businesses
223
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Listed by: Karen Terry • Realty Executives Associates
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1306710
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Hendrik Van Leesten - (865) 378-5282.