5104 Cates Bend Way UNIT 19PowellTN37849
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
Investment property for sale in Powell at 5104 Cates Bend Way UNIT 19, Powell, TN, 37849 uses $101,439 cash to close to unlock $5,579/yr annual cash flow and $465/mo monthly cash flow. Total monthly income runs $2,297/mo, and a $1,498/mo payment keeps the spread at $465/mo. Purchase price stands at $306,000, and rental yield measures 9.01% with $2,297/mo rent. Return on cash invested shows 25.41% in year one, and 5% annual appreciation builds toward $84,542 over five years. Five-year ROI reaches 132.07% and total cumulative return in cash records $133,968. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,297/mo property income covering a $1,498/mo payment rather than investor’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37849, Powell, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,442 (100%) |
| Owner Occupied HU | 9,475 (76.2%) |
| Renter Occupied HU | 2,346 (18.9%) |
| Vacant Housing Units | 621 ( 5.0%) |
| Median Home Value | $352,640 |
| Average Home Value | $406,305 |
Housing Distribution
Address Breakdown
Residential
11,591
Single Family
11,169
Multi-Family
422
Businesses
629
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices