4403 Gainesboro GradeCookevilleTN38501
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
Rental property for sale in Cookeville at 4403 Gainesboro Grade, Cookeville, TN, 38501 generates $2,188/mo in rent and, after a $1,224/mo payment, leaves $691/mo in cash flow. Total monthly income is $2,188/mo, and annual cash flow is $8,293/yr on $82,875 invested. Return on cash invested sits at 29.92% in year one, and rental yield is 10.5% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 156.31% and total cumulative return in cash sums $129,538. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,188/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.72 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: Lee Amonett • Amonett's Eagle Auction & Realty, LLC
Mls Name: My State MLS
Mls ID: #11538888