5355 E Pkwy #66CosbyTN37722
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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 Cosby at 5355 E Pkwy #66, Cosby, TN, 37722 generates $1,920/mo in rent and, after a $563/mo payment, leaves $1,231/mo in cash flow. Total monthly income is $1,920/mo, and annual cash flow is $14,778/yr on $38,123 invested. Return on cash invested sits at 58.67% in year one, and rental yield is 20.03% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 310.52% and total cumulative return in cash sums $118,377. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,920/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
2,178 sqft 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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