620 Cypress RdBuchananTN38222
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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
Investment property for sale in Buchanan at 620 Cypress Rd, Buchanan, TN, 38222 offers a 8.34% rental yield on a $185,000 purchase with $1,286/mo rent. Total monthly income registers $1,286/mo, and a $905/mo payment leaves $179/mo available for distribution. Annual cash flow reaches $2,148/yr on $61,328 to close, and return on cash invested stands at 23.41% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 121.46% and total cumulative return in cash at $74,487. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,286/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2006
3.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38222, Buchanan, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,695 (100%) |
| Owner Occupied HU | 986 (58.2%) |
| Renter Occupied HU | 190 (11.2%) |
| Vacant Housing Units | 519 (30.6%) |
| Median Home Value | $224,107 |
| Average Home Value | $280,456 |
Housing Distribution
Address Breakdown
Residential
1,311
Single Family
1,311
Multi-Family
0
Businesses
59
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Listed by: Rachel Presson • RE/MAX Cornerstone Real Estate
Mls Name: Tennessee Valley MLS
Mls Provider:
Mls ID: #134206
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