723 Catherine Crisp Way, Kodak, TN, 37764 | $945/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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723 Catherine Crisp Way, Kodak, TN, 37764 | $945/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Kodak at 723 Catherine Crisp Way, Kodak, TN, 37764 generates $2,654/mo in rent and, after a $1,397/mo payment, leaves $945/mo in cash flow. Total monthly income is $2,654/mo, and annual cash flow is $11,344/yr on $94,643 invested. Return on cash invested sits at 31.9% in year one, and rental yield is 11.16% on a $285,500 entry. Equity gained on principal adds $1,842/yr, while 5% annual appreciation builds toward $78,878 over five years. Five-year ROI reaches 166.89% and total cumulative return in cash sums $157,951. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,654/mo property income rather than buyer’s personal income.

Single Family

Built in 2018

0.61 Acres lot

$N/A/sqft

No HOA

More details about the property

This well-maintained 3-bedroom, 2-bath home is perfectly situated on a spacious corner lot in a quiet, established subdivision in scenic Kodak, just minutes from Douglas Lake, I-40, and all the area's top attractions. Set on just over half an acre with mature trees and a peaceful wooded backdrop, the property offers plenty of outdoor space to relax and unwind. Enjoy your morning coffee on the front patio or take in the fresh air from the rear deck. Inside, you'll find over 1,400 square feet of easy, one-level living, with a bright and open floor plan. The large great room combines the living, dining, and kitchen areas for a seamless, inviting flow, ideal for entertaining or cozy nights in. The private primary suite includes a walk-in closet and its own full bath, while two additional bedrooms share a second full bath and offer ample closet space. A dedicated utility room and additional storage area just off the primary bedroom add functionality and convenience. There's also a large unfinished space with plenty of potential for future expansion or workshop use. With a great layout, prime location, and natural privacy, this home offers a rare opportunity to enjoy the best of East Tennessee living. Come see it for yourself, you'll feel right at home!

Neighborhood Data

Neighborhood data shown for ZIP Code: 37764, Kodak, TN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,212 (100%)
Owner Occupied HU	3,202 (61.4%)
Renter Occupied HU	1,453 (27.9%)
Vacant Housing Units	557 (10.7%)
Median Home Value	$318,597
Average Home Value	$350,287