71 Wandering DrChuckeyTN37641
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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 Chuckey at 71 Wandering Dr, Chuckey, TN, 37641 generates $1,277/mo in rent and, after a $724/mo payment, leaves $391/mo in cash flow. Total monthly income is $1,277/mo, and annual cash flow is $4,697/yr on $49,062 invested. Return on cash invested sits at 29.48% in year one, and rental yield is 10.35% on a $148,000 entry. Equity gained on principal adds $955/yr, while 5% annual appreciation builds toward $40,890 over five years. Five-year ROI reaches 153.97% and total cumulative return in cash sums $75,542. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,277/mo property income rather than buyer’s personal income.
Manufactured
Built in 1997
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37641, Chuckey, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,154 (100%) |
| Owner Occupied HU | 3,093 (74.5%) |
| Renter Occupied HU | 661 (15.9%) |
| Vacant Housing Units | 400 ( 9.6%) |
| Median Home Value | $276,599 |
| Average Home Value | $303,832 |
Housing Distribution
Address Breakdown
Residential
3,938
Single Family
3,938
Multi-Family
0
Businesses
90
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Listed by: Katelyn Warren • Century 21 Legacy GP
Mls Name: Lakeway Area AOR
Mls Provider:
Mls ID: #708120
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.