60 Condo LnCounceTN38326
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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 60 Condo Ln, Counce, TN, 38326 with 5% annual appreciation on a $189,500 basis while $1,810/mo rent supports operations. Total monthly income totals $1,810/mo and a $928/mo payment preserves $675/mo for cash returns. Annual cash flow comes to $8,102/yr on $62,819 deployed, and return on cash invested reaches 32.81% in year one. Equity gained on principal adds $1,223/yr, and five-year appreciation sums $52,355 alongside rental yield of 11.46%. Five-year ROI measures 171.81% and total cumulative return in cash totals $107,927.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,810/mo property income versus a $928/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1988
1 Acres lot
$N/A/sqft
No 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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