6105 S York HwyClarkrangeTN38553
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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
Rental property for sale in Clarkrange at 6105 S York Hwy, Clarkrange, TN, 38553 generates $2,572/mo in rent and, after a $1,957/mo payment, leaves $178/mo in cash flow. Total monthly income is $2,572/mo, and annual cash flow is $2,141/yr on $132,567 invested. Return on cash invested sits at 21.52% in year one, and rental yield is 7.72% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 111.25% and total cumulative return in cash sums $147,476. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,572/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38553, Clarkrange, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,216 (100%) |
| Owner Occupied HU | 905 (74.4%) |
| Renter Occupied HU | 178 (14.6%) |
| Vacant Housing Units | 133 (10.9%) |
| Median Home Value | $227,799 |
| Average Home Value | $319,348 |
Housing Distribution
Address Breakdown
Residential
1,114
Single Family
1,114
Multi-Family
0
Businesses
80
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Listed by: Lisa Garrett • Mitchell Real Estate & Auction Co.
Mls Name: UCMLS
Mls ID: #239858