1096 Old Elizabethton HwyBluff CityTN37618
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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
Rental property for sale in Bluff City at 1096 Old Elizabethton Hwy, Bluff City, TN, 37618 generates $2,239/mo in rent and, after a $1,395/mo payment, leaves $533/mo in cash flow. Total monthly income is $2,239/mo, and annual cash flow is $6,395/yr on $94,478 invested. Return on cash invested sits at 26.68% in year one, and rental yield is 9.43% on a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 138.85% and total cumulative return in cash sums $131,178. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,239/mo property income rather than buyer’s personal income.
Manufactured
Built in 1987
1.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37618, Bluff City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,161 (100%) |
| Owner Occupied HU | 4,582 (74.4%) |
| Renter Occupied HU | 979 (15.9%) |
| Vacant Housing Units | 600 ( 9.7%) |
| Median Home Value | $266,573 |
| Average Home Value | $299,559 |
Housing Distribution
Address Breakdown
Residential
5,680
Single Family
5,680
Multi-Family
0
Businesses
245
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Listed by: Michelle Davis • Century 21 Legacy
Mls Name: TVRMLS
Mls ID: #9989756