104 Helms DrMadisonvilleTN37354
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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 Madisonville at 104 Helms Dr, Madisonville, TN, 37354 with 5% annual appreciation on a $362,500 basis while $858/mo rent supports operations. 81% in year one. Equity gained on principal adds $2,339/yr, and five-year appreciation sums $100,152 alongside rental yield of 2.84%. Five-year ROI measures 32.36% and total cumulative return in cash totals $38,882. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $858/mo property income versus a $1,774/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1933
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37354, Madisonville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,141 (100%) |
| Owner Occupied HU | 5,449 (66.9%) |
| Renter Occupied HU | 1,982 (24.3%) |
| Vacant Housing Units | 710 ( 8.7%) |
| Median Home Value | $230,365 |
| Average Home Value | $262,682 |
Housing Distribution
Address Breakdown
Residential
7,617
Single Family
7,601
Multi-Family
16
Businesses
566
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Listed by: James P. Lee • Norman Lee Real Estate
Mls Name: East Tennessee Realtors
Mls ID: #1322665