74 Morisch RdOakfieldTN38362
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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 Oakfield at 74 Morisch Rd, Oakfield, TN, 38362 with 5% annual appreciation on a $199,900 basis while $1,530/mo rent supports operations. Total monthly income totals $1,530/mo and a $978/mo payment preserves $334/mo for cash returns. Annual cash flow comes to $4,005/yr on $66,267 deployed, and return on cash invested reaches 25.95% in year one. Equity gained on principal adds $1,290/yr, and five-year appreciation sums $55,229 alongside rental yield of 9.18%. Five-year ROI measures 135% and total cumulative return in cash totals $89,461.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,530/mo property income versus a $978/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1976
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38362, Oakfield, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 526 (100%) |
| Owner Occupied HU | 423 (80.4%) |
| Renter Occupied HU | 76 (14.4%) |
| Vacant Housing Units | 27 ( 5.1%) |
| Median Home Value | $289,286 |
| Average Home Value | $302,689 |
Housing Distribution
Address Breakdown
Residential
512
Single Family
512
Multi-Family
0
Businesses
18
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