740 Fishpond RdChuckeyTN37641
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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 740 Fishpond Rd, Chuckey, TN, 37641 generates $1,747/mo in rent and, after a $1,175/mo payment, leaves $310/mo in cash flow. Total monthly income is $1,747/mo, and annual cash flow is $3,720/yr on $79,560 invested. Return on cash invested sits at 24.58% in year one, and rental yield is 8.74% on a $239,999 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,307 over five years. Five-year ROI reaches 127.63% and total cumulative return in cash sums $101,546. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,747/mo property income rather than buyer’s personal income.
Single Family
Built in 1939
0.82 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: Noah Burkham • Your Home Sold Guaranteed Realty
Mls Name: TVRMLS
Mls ID: #9981837
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