70 Bailey StMc KenzieTN38201
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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 Mc Kenzie at 70 Bailey St, Mc Kenzie, TN, 38201 offers a 11.66% rental yield on a $287,500 purchase with $2,794/mo rent. Total monthly income registers $2,794/mo, and a $1,407/mo payment leaves $1,072/mo available for distribution. Annual cash flow reaches $12,861/yr on $95,306 to close, and return on cash invested stands at 33.4% in year one. Equity gained on principal adds $1,855/yr while 5% annual appreciation supports $79,431 over five years. Portfolio math shows five-year ROI at 174.95% and total cumulative return in cash at $166,739. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,794/mo property income against a $1,407/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38201, Mc Kenzie, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,374 (100%) |
| Owner Occupied HU | 2,635 (60.2%) |
| Renter Occupied HU | 1,118 (25.6%) |
| Vacant Housing Units | 621 (14.2%) |
| Median Home Value | $188,059 |
| Average Home Value | $229,028 |
Housing Distribution
Address Breakdown
Residential
4,125
Single Family
4,071
Multi-Family
54
Businesses
383
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Listed by: Valarie McMackin • Nicky Joe Stafford Real Estate
Mls Name: Tennessee Valley MLS
Mls Provider:
Mls ID: #131806
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