59 Oak Ridge PtCounceTN38326
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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 Counce at 59 Oak Ridge Pt, Counce, TN, 38326 projects strong ROI of 3.72%. Rental yield 1.88%. With 5% annual appreciation, the property builds $744,579 in value over five years. Equity growth combined delivers a projected five-year ROI of 15.76%, translating into $137,629 in total cumulative return on $873,180 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
$2,400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38326, Counce, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,466 (100%) |
| Owner Occupied HU | 1,076 (43.6%) |
| Renter Occupied HU | 218 ( 8.8%) |
| Vacant Housing Units | 1,172 (47.5%) |
| Median Home Value | $226,126 |
| Average Home Value | $315,918 |
Housing Distribution
Address Breakdown
Residential
1,424
Single Family
1,397
Multi-Family
27
Businesses
143
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Listed by: Justin Johnson • Justin Johnson Realty
Mls Name: NMMLS
Mls Provider:
Mls ID: #25-1505
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.