471 Farmer TrlAtokaTN38004
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 Atoka at 471 Farmer Trl, Atoka, TN, 38004 generates $2,501/mo in rent and, after a $1,796/mo payment, leaves $304/mo in cash flow. Total monthly income is $2,501/mo, and annual cash flow is $3,652/yr on $121,661 invested. Return on cash invested sits at 22.91% in year one, and rental yield is 8.18% on a $367,000 entry. Equity gained on principal adds $2,368/yr, while 5% annual appreciation builds toward $101,395 over five years. Five-year ROI reaches 118.7% and total cumulative return in cash sums $144,407. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,501/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38004, Atoka, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,488 (100%) |
| Owner Occupied HU | 3,809 (84.9%) |
| Renter Occupied HU | 548 (12.2%) |
| Vacant Housing Units | 131 ( 2.9%) |
| Median Home Value | $302,628 |
| Average Home Value | $323,020 |
Housing Distribution
Address Breakdown
Residential
4,300
Single Family
4,121
Multi-Family
179
Businesses
300
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices