60 Mulberry CvOaklandTN38060
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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 Oakland at 60 Mulberry Cv, Oakland, TN, 38060 earns $125/mo cash flow from $2,633/mo rent with a $2,051/mo payment. Total monthly income totals $2,633/mo, and annual cash flow totals $1,495/yr on $138,899 capital. ROI tracks 20.99% on current figures, and rental yield reads 7.54% at a $419,000 purchase. Equity gained on principal adds $2,704/yr, and 5% annual appreciation supports $115,762 over five years. Five-year ROI reaches 108.35% and total cumulative return in cash sums $150,497. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,633/mo property income instead of your personal income.
Single Family
Built in 2006
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38060, Oakland, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,358 (100%) |
| Owner Occupied HU | 4,736 (88.4%) |
| Renter Occupied HU | 467 ( 8.7%) |
| Vacant Housing Units | 155 ( 2.9%) |
| Median Home Value | $326,093 |
| Average Home Value | $344,010 |
Housing Distribution
Address Breakdown
Residential
5,570
Single Family
5,570
Multi-Family
0
Businesses
254
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