101 Outer DrOak RidgeTN37830
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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 Oak Ridge at 101 Outer Dr, Oak Ridge, TN, 37830 at $200,000 posts ROI 23.81% with $216/mo cash flow from $1,413/mo rent. Total monthly income equals $1,413/mo, and annual cash flow records $2,588/yr on $66,300 to close. Return on cash invested measures 23.81% and rental yield reads 8.48% at the current $200,000. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 by year five. Five-year ROI prints 123.52% and total cumulative return in cash totals $81,896.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,413/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1943
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37830, Oak Ridge, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,965 (100%) |
| Owner Occupied HU | 9,391 (58.8%) |
| Renter Occupied HU | 5,222 (32.7%) |
| Vacant Housing Units | 1,352 ( 8.5%) |
| Median Home Value | $278,924 |
| Average Home Value | $301,190 |
Housing Distribution
Address Breakdown
Residential
15,573
Single Family
14,382
Multi-Family
1,191
Businesses
1,115
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