74 Driftwood RdCounceTN38326
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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 Counce at 74 Driftwood Rd, Counce, TN, 38326 offers a 14.12% rental yield on a $176,900 purchase with $2,082/mo rent. Total monthly income registers $2,082/mo, and a $866/mo payment leaves $1,023/mo available for distribution. Annual cash flow reaches $12,275/yr on $58,642 to close, and return on cash invested stands at 40.84% in year one. Equity gained on principal adds $1,142/yr while 5% annual appreciation supports $48,874 over five years. Portfolio math shows five-year ROI at 214.81% and total cumulative return in cash at $125,967. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,082/mo property income against a $866/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38326, Counce, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,466 (100%) |
| Owner Occupied HU | 1,076 (43.6%) |
| Renter Occupied HU | 218 ( 8.8%) |
| Vacant Housing Units | 1,172 (47.5%) |
| Median Home Value | $226,126 |
| Average Home Value | $315,918 |
Housing Distribution
Address Breakdown
Residential
1,424
Single Family
1,397
Multi-Family
27
Businesses
143
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Listed by: Cyndi Craft • Crye-Leike, Inc., REALTORS
Mls Name: MAAR
Mls Provider:
Mls ID: #10175683
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