851 Elder LnKodakTN37764
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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 Kodak at 851 Elder Ln, Kodak, TN, 37764 projects strong ROI of 2.18%. Rental yield 1.29%. With 5% annual appreciation, the property builds $690,704 in value over five years. Equity growth combined delivers a projected five-year ROI of 7.39%, translating into $59,835 in total cumulative return on $810,000 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Home Type Unknown
Built in 2021
7 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37764, Kodak, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,212 (100%) |
| Owner Occupied HU | 3,202 (61.4%) |
| Renter Occupied HU | 1,453 (27.9%) |
| Vacant Housing Units | 557 (10.7%) |
| Median Home Value | $318,597 |
| Average Home Value | $350,287 |
Housing Distribution
Address Breakdown
Residential
4,953
Single Family
4,884
Multi-Family
69
Businesses
223
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