505 McKinney RdBlaineTN37709
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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 Blaine at 505 McKinney Rd, Blaine, TN, 37709 uses $91,163 cash to close to unlock $4,725/yr annual cash flow and $394/mo monthly cash flow. Total monthly income runs $2,040/mo, and a $1,346/mo payment keeps the spread at $394/mo. Purchase price stands at $275,000, and rental yield measures 8.9% with $2,040/mo rent. Return on cash invested shows 25.09% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 130.37% and total cumulative return in cash records $118,847. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,040/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 2004
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37709, Blaine, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,743 (100%) |
| Owner Occupied HU | 1,284 (73.7%) |
| Renter Occupied HU | 303 (17.4%) |
| Vacant Housing Units | 156 ( 9.0%) |
| Median Home Value | $303,601 |
| Average Home Value | $334,239 |
Housing Distribution
Address Breakdown
Residential
1,700
Single Family
1,700
Multi-Family
0
Businesses
99
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