8360 Teague RdMedonTN38356
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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 Medon at 8360 Teague Rd, Medon, TN, 38356 offers $1,446/mo rent that, after a $1,223/mo payment. Total monthly income is $1,446/mo. Return on cash invested measures 19.19% in year one, and rental yield stands at 6.94% at a $249,900 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,043 by year five. Five-year ROI records 98.75% and total cumulative return in cash reaches $81,806. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,446/mo property income versus a $1,223/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38356, Medon, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,126 (100%) |
| Owner Occupied HU | 807 (71.7%) |
| Renter Occupied HU | 193 (17.1%) |
| Vacant Housing Units | 126 (11.2%) |
| Median Home Value | $161,731 |
| Average Home Value | $211,338 |
Housing Distribution
Address Breakdown
Residential
992
Single Family
992
Multi-Family
0
Businesses
40
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Listed by: Dessie Hardee • RE/MAX Realty Source
Mls Name: CWTAR
Mls Provider:
Mls ID: #247033
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