1061 Cherokee DrSmithvilleTN37166
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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 Smithville at 1061 Cherokee Dr, Smithville, TN, 37166 at $389,900 posts ROI 17.87% with from $2,114/mo rent. Total monthly income equals $2,114/mo. Return on cash invested measures 17.87% and rental yield reads 6.51% at the current $389,900. Equity gained on principal adds $2,516/yr, and 5% annual appreciation supports $107,722 by year five. Five-year ROI prints 91.66% and total cumulative return in cash totals $118,477. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,114/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1971
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37166, Smithville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,141 (100%) |
| Owner Occupied HU | 4,280 (59.9%) |
| Renter Occupied HU | 1,801 (25.2%) |
| Vacant Housing Units | 1,060 (14.8%) |
| Median Home Value | $242,188 |
| Average Home Value | $348,801 |
Housing Distribution
Address Breakdown
Residential
6,525
Single Family
6,463
Multi-Family
62
Businesses
465
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Nearby investment properties with comparable prices
Listed by: Jennifer Hannah • Town & Lake Realty, Inc.
Mls Name: UCMLS
Mls Provider:
Mls ID: #235496
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