Na Craig RdClarkrangeTN38553
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
Rental property for sale in Clarkrange at Na Craig Rd, Clarkrange, TN, 38553 priced at $183,750 converts $1,169/mo rent into $69/mo cash flow after a $899/mo obligation. Total monthly income equals $1,169/mo, and annual cash flow totals $833/yr on $60,913 invested. Return on cash invested prints 21.28% in year one, and rental yield reads 7.63% against a $183,750 entry. Equity gained on principal adds $1,186/yr, while 5% annual appreciation compiles into $50,767 by year five. Five-year ROI reaches 109.94% and total cumulative return in cash sums $66,966. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,169/mo property income covering a $899/mo payment, not borrower’s personal income.
Lot
Built in N/A
30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38553, Clarkrange, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,216 (100%) |
| Owner Occupied HU | 905 (74.4%) |
| Renter Occupied HU | 178 (14.6%) |
| Vacant Housing Units | 133 (10.9%) |
| Median Home Value | $227,799 |
| Average Home Value | $319,348 |
Housing Distribution
Address Breakdown
Residential
1,114
Single Family
1,114
Multi-Family
0
Businesses
80
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Nearby investment properties with comparable prices
Listed by: Kimberly Rocha • Freedom Realty Co. Inc.
Mls Name: UCMLS
Mls Provider:
Mls ID: #224710
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