602 Tilghman StKentonTN38233
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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 Kenton at 602 Tilghman St, Kenton, TN, 38233 with 5% annual appreciation on a $159,900 basis while $834/mo rent supports operations. 11% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,177 alongside rental yield of 6.26%. Five-year ROI measures 87.62% and total cumulative return in cash totals $46,446. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $834/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1964
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38233, Kenton, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,226 (100%) |
| Owner Occupied HU | 843 (68.8%) |
| Renter Occupied HU | 272 (22.2%) |
| Vacant Housing Units | 111 ( 9.1%) |
| Median Home Value | $160,913 |
| Average Home Value | $189,567 |
Housing Distribution
Address Breakdown
Residential
1,134
Single Family
1,134
Multi-Family
0
Businesses
88
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Listed by: Laura Woodruff • Wendell Alexander Realty
Mls Name: CWTAR
Mls Provider:
Mls ID: #2502890
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