4060 Charlton SqCookevilleTN38501
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 4060 Charlton Sq, Cookeville, TN, 38501 listed at $379,929 pairs $2,411/mo rent with a $1,860/mo payment to leave $136/mo cash flow. Total monthly income runs $2,411/mo, and annual cash flow reaches $1,635/yr on $125,946 cash to close. Return on cash invested measures 21.21% in year one, and rental yield registers 7.62% at a $379,929 basis. Equity gained on principal adds $2,452/yr, and annual property appreciation at 5% supports $104,967 by year five. Five-year ROI tracks 109.56% and total cumulative return in cash totals $137,990. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,411/mo property income relative to a $1,860/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2014
0.47 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather Skender-Newton • Skender-Newton Realty
Mls Name: UCMLS
Mls ID: #238015