80 Misty Meadows DrOaklandTN38060
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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 Oakland at 80 Misty Meadows Dr, Oakland, TN, 38060 priced at $399,000 converts $2,827/mo rent into $438/mo cash flow after a $1,953/mo obligation. Total monthly income equals $2,827/mo, and annual cash flow totals $5,261/yr on $132,269 invested. Return on cash invested prints 23.89% in year one, and rental yield reads 8.5% against a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation compiles into $110,236 by year five. Five-year ROI reaches 123.91% and total cumulative return in cash sums $163,898. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,827/mo property income covering a $1,953/mo payment, not borrower’s personal income.
Single Family
Built in 2023
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38060, Oakland, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,358 (100%) |
| Owner Occupied HU | 4,736 (88.4%) |
| Renter Occupied HU | 467 ( 8.7%) |
| Vacant Housing Units | 155 ( 2.9%) |
| Median Home Value | $326,093 |
| Average Home Value | $344,010 |
Housing Distribution
Address Breakdown
Residential
5,570
Single Family
5,570
Multi-Family
0
Businesses
254
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