920 Oak Manor RdMc KenzieTN38201
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Mc Kenzie at 920 Oak Manor Rd, Mc Kenzie, TN, 38201 uses $44,753 cash to close to unlock $2,936/yr annual cash flow and $245/mo monthly cash flow. Total monthly income runs $1,053/mo, and a $661/mo payment keeps the spread at $245/mo. Purchase price stands at $135,000, and rental yield measures 9.36% with $1,053/mo rent. Return on cash invested shows 26.47% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 137.77% and total cumulative return in cash records $61,657. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,053/mo property income covering a $661/mo payment rather than investor’s personal income.
Single Family
Built in 1987
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38201, Mc Kenzie, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,374 (100%) |
| Owner Occupied HU | 2,635 (60.2%) |
| Renter Occupied HU | 1,118 (25.6%) |
| Vacant Housing Units | 621 (14.2%) |
| Median Home Value | $188,059 |
| Average Home Value | $229,028 |
Housing Distribution
Address Breakdown
Residential
4,125
Single Family
4,071
Multi-Family
54
Businesses
383
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices