843 Sim Goodwin Rd SWMc DonaldTN37353
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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 Mc Donald at 843 Sim Goodwin Rd SW, Mc Donald, TN, 37353 generates $1,634/mo in rent and, after a $1,301/mo payment, leaves $43/mo in cash flow. Total monthly income is $1,634/mo, and annual cash flow is $514/yr on $88,113 invested. Return on cash invested sits at 20.49% in year one, and rental yield is 7.38% on a $265,800 entry. Equity gained on principal adds $1,715/yr, while 5% annual appreciation builds toward $73,436 over five years. Five-year ROI reaches 105.7% and total cumulative return in cash sums $93,134. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,634/mo property income rather than buyer’s personal income.
Manufactured
Built in 2008
1.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37353, Mc Donald, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,324 (100%) |
| Owner Occupied HU | 1,700 (73.1%) |
| Renter Occupied HU | 438 (18.8%) |
| Vacant Housing Units | 186 ( 8.0%) |
| Median Home Value | $335,572 |
| Average Home Value | $400,896 |
Housing Distribution
Address Breakdown
Residential
2,114
Single Family
2,114
Multi-Family
0
Businesses
86
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