5004 Curtis WayCookevilleTN38506
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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
Rental property for sale in Cookeville at 5004 Curtis Way, Cookeville, TN, 38506 priced at $474,900 pairs $2,506/mo rent with after a $2,324/mo payment. Total monthly income equals $2,506/mo. Return on cash invested is 17.34% in year one, and rental yield stands at 6.33% on a $474,900 basis. Equity gained on principal adds $3,064/yr, and 5% annual appreciation accumulates to $131,206 by year five. Five-year ROI measures 88.82% and total cumulative return in cash reaches $139,835. For financing, Ziffy Mortgage’s DSCR program evaluates $2,506/mo property income against a $2,324/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38506, Cookeville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,732 (100%) |
| Owner Occupied HU | 9,566 (69.7%) |
| Renter Occupied HU | 3,241 (23.6%) |
| Vacant Housing Units | 925 ( 6.7%) |
| Median Home Value | $318,155 |
| Average Home Value | $357,210 |
Housing Distribution
Address Breakdown
Residential
13,205
Single Family
12,960
Multi-Family
245
Businesses
699
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Listed by: Vickie Loftis • American Way Real Estate
Mls Name: UCMLS
Mls ID: #239854