6940 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
Investment property for sale in Clarkrange at 6940 S York Hwy, Clarkrange, TN, 38553 listed at $319,900 pairs $1,830/mo rent with a $1,566/mo payment. Total monthly income runs $1,830/mo. Return on cash invested measures 18.94% in year one, and rental yield registers 6.86% at a $319,900 basis. Equity gained on principal adds $2,064/yr, and annual property appreciation at 5% supports $88,382 by year five. Five-year ROI tracks 97.4% and total cumulative return in cash totals $103,292. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,830/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1975
0.70 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: Vickie Loftis • American Way Real Estate
Mls Name: UCMLS
Mls ID: #241774