5355 Parkway ECosbyTN37722
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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 Parkway E, Cosby, TN, 37722 priced at $115,000 pairs $1,466/mo rent with $777/mo cash flow after a $563/mo payment. Total monthly income equals $1,466/mo, and annual cash flow comes to $9,330/yr on $38,123 invested. Return on cash invested is 44.38% in year one, and rental yield stands at 15.3% on a $115,000 basis. Equity gained on principal adds $742/yr, and 5% annual appreciation accumulates to $31,772 by year five. Five-year ROI measures 233.84% and total cumulative return in cash reaches $89,145. For financing, Ziffy Mortgage’s DSCR program evaluates $1,466/mo property income against a $563/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
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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