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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Monterey at 1085 Eastridge Pass, Monterey, TN, 38574 with 5% annual appreciation on a $100,000 basis while $0/mo rent supports operations. 74% in year one. Equity gained on principal adds $645/yr, and five-year appreciation sums $27,628 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $489/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Lot
Built in N/A
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38574, Monterey, TN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,415 (100%) |
| Owner Occupied HU | 2,978 (67.5%) |
| Renter Occupied HU | 917 (20.8%) |
| Vacant Housing Units | 520 (11.8%) |
| Median Home Value | $291,365 |
| Average Home Value | $317,754 |
Residential
3,930
Single Family
3,895
Multi-Family
35
Businesses
226
Date | Event | Price |
|---|---|---|
| 2023-08-03 | Listed for sale | $100,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-11 | $199.50 | 7.61% | $7,500 | N/A |
| 2022-11-11 | $185.40 | N/A | $7,500 | N/A |
| 2021-11-11 | N/A | N/A | $7,500 | N/A |
No similar rental properties found nearby.
Listed by: Doreen Sherrill • Crye-Leike Brown Realty Cumberland Cove
Mls Name: UCMLS
Mls Provider:
Mls ID: #220355
Disclaimer: Copyright 2024 Upper Cumberland Board of Realtors. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes from Upper Cumberland Board of Realtors. Some or all of the listings displayed may not belong to the firm whose website is being visited.
