42 Lana LnMedonTN38356
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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 Medon at 42 Lana Ln, Medon, TN, 38356 with 5% annual appreciation on a $489,000 basis while $2,194/mo rent supports operations. 48% in year one. Equity gained on principal adds $3,155/yr, and five-year appreciation sums $135,102 alongside rental yield of 5.38%. Five-year ROI measures 73.51% and total cumulative return in cash totals $119,158. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,194/mo property income versus a $2,393/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1997
1.80 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: Heidi Policky • Golden Key
Mls Name: CWTAR
Mls Provider:
Mls ID: #2501265
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