106 Matt Edmond RdWartburgTN37887
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 Wartburg at 106 Matt Edmond Rd, Wartburg, TN, 37887 with 5% annual appreciation on a $318,000 basis while $1,860/mo rent supports operations. 42% in year one. Equity gained on principal adds $2,052/yr, and five-year appreciation sums $87,858 alongside rental yield of 7.02%. Five-year ROI measures 99.92% and total cumulative return in cash totals $105,335. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,860/mo property income versus a $1,556/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1986
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37887, Wartburg, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,146 (100%) |
| Owner Occupied HU | 1,446 (67.4%) |
| Renter Occupied HU | 496 (23.1%) |
| Vacant Housing Units | 204 ( 9.5%) |
| Median Home Value | $175,338 |
| Average Home Value | $217,144 |
Housing Distribution
Address Breakdown
Residential
1,980
Single Family
1,980
Multi-Family
0
Businesses
222
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Darlene Taylor • Wallace
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1292985
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Hendrik Van Leesten - (865) 378-5282.