968 Cherokee RdHallsTN38040
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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
Total monthly income runs $1,728/mo, and a $1,463/mo payment. Purchase price stands at $299,000, and rental yield measures 6.94% with $1,728/mo rent. Return on cash invested shows 19.17% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 98.6% and total cumulative return in cash records $97,726. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,728/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 2002
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38040, Halls, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,177 (100%) |
| Owner Occupied HU | 1,306 (60.0%) |
| Renter Occupied HU | 651 (29.9%) |
| Vacant Housing Units | 220 (10.1%) |
| Median Home Value | $119,071 |
| Average Home Value | $153,419 |
Housing Distribution
Address Breakdown
Residential
2,169
Single Family
2,169
Multi-Family
0
Businesses
154
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