41 Country Run DrMedonTN38356
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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 Medon at 41 Country Run Dr, Medon, TN, 38356 offers a 10.03% rental yield on a $509,900 purchase with $4,260/mo rent. Total monthly income registers $4,260/mo, and a $2,496/mo payment leaves $1,207/mo available for distribution. Annual cash flow reaches $14,488/yr on $167,757 to close, and return on cash invested stands at 28.7% in year one. Equity gained on principal adds $3,290/yr while 5% annual appreciation supports $140,876 over five years. Portfolio math shows five-year ROI at 149.67% and total cumulative return in cash at $251,084. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,260/mo property income against a $2,496/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
3.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38356, Medon, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,126 (100%) |
| Owner Occupied HU | 807 (71.7%) |
| Renter Occupied HU | 193 (17.1%) |
| Vacant Housing Units | 126 (11.2%) |
| Median Home Value | $161,731 |
| Average Home Value | $211,338 |
Housing Distribution
Address Breakdown
Residential
992
Single Family
992
Multi-Family
0
Businesses
40
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Listed by: Chris Carothers • Hickman Realty Group Inc.-Jack
Mls Name: CWTAR
Mls Provider:
Mls ID: #231004
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