600 Cook StLexingtonTN38351
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lexington at 600 Cook St, Lexington, TN, 38351 priced at $130,000 pairs $1,043/mo rent with $265/mo cash flow after a $636/mo payment. Total monthly income equals $1,043/mo, and annual cash flow comes to $3,181/yr on $43,095 invested. Return on cash invested is 27.29% in year one, and rental yield stands at 9.63% on a $130,000 basis. Equity gained on principal adds $839/yr, and 5% annual appreciation accumulates to $35,917 by year five. Five-year ROI measures 142.27% and total cumulative return in cash reaches $61,311. For financing, Ziffy Mortgage’s DSCR program evaluates $1,043/mo property income against a $636/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2007
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38351, Lexington, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,459 (100%) |
| Owner Occupied HU | 5,245 (62.0%) |
| Renter Occupied HU | 2,349 (27.8%) |
| Vacant Housing Units | 865 (10.2%) |
| Median Home Value | $185,227 |
| Average Home Value | $229,947 |
Housing Distribution
Address Breakdown
Residential
8,093
Single Family
7,953
Multi-Family
140
Businesses
777
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices