417 McCormick RdMunfordTN38058
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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
Investment property for sale in Munford at 417 McCormick Rd, Munford, TN, 38058 offers a 7.6% rental yield on a $429,999 purchase with $2,724/mo rent. Total monthly income registers $2,724/mo, and a $2,105/mo payment leaves $150/mo available for distribution. Annual cash flow reaches $1,795/yr on $142,545 to close, and return on cash invested stands at 21.17% in year one. Equity gained on principal adds $2,775/yr while 5% annual appreciation supports $118,801 over five years. Portfolio math shows five-year ROI at 109.33% and total cumulative return in cash at $155,846. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,724/mo property income against a $2,105/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
0.81 Acres lot
$N/A/sqft
No HOA
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Listed by: Ashley Onsby • MidSouth Residential, LLC
Mls Name: MAAR
Mls Provider:
Mls ID: #10182496
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