494 Driftwood RdCosbyTN37722
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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 Cosby at 494 Driftwood Rd, Cosby, TN, 37722 with 5% annual appreciation on a $190,000 basis while $1,510/mo rent supports operations. Total monthly income totals $1,510/mo and a $930/mo payment preserves $373/mo for cash returns. Annual cash flow comes to $4,471/yr on $62,985 deployed, and return on cash invested reaches 27.01% in year one. Equity gained on principal adds $1,226/yr, and five-year appreciation sums $52,494 alongside rental yield of 9.54%. Five-year ROI measures 140.68% and total cumulative return in cash totals $88,608.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,510/mo property income versus a $930/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2009
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37722, Cosby, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,670 (100%) |
| Owner Occupied HU | 2,152 (58.6%) |
| Renter Occupied HU | 632 (17.2%) |
| Vacant Housing Units | 886 (24.1%) |
| Median Home Value | $247,865 |
| Average Home Value | $285,895 |
Housing Distribution
Address Breakdown
Residential
2,979
Single Family
2,939
Multi-Family
40
Businesses
90
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