110 Circle DrSurgoinsvilleTN37873
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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 Surgoinsville at 110 Circle Dr, Surgoinsville, TN, 37873 offers $1,900/mo rent that, after a $1,223/mo payment, leaves $404/mo cash flow. Total monthly income is $1,900/mo, and annual cash flow is $4,852/yr on $82,809 cash. Return on cash invested measures 25.77% in year one, and rental yield stands at 9.13% at a $249,800 entry. Equity gained on principal adds $1,612/yr while 5% annual appreciation compounds into $69,015 by year five. Five-year ROI records 134.02% and total cumulative return in cash reaches $110,983. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,900/mo property income versus a $1,223/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37873, Surgoinsville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,126 (100%) |
| Owner Occupied HU | 1,515 (71.3%) |
| Renter Occupied HU | 360 (16.9%) |
| Vacant Housing Units | 251 (11.8%) |
| Median Home Value | $175,310 |
| Average Home Value | $198,675 |
Housing Distribution
Address Breakdown
Residential
1,898
Single Family
1,898
Multi-Family
0
Businesses
106
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Listed by: Cortney Stewart • RE/MAX Preferred
Mls Name: TVRMLS
Mls ID: #9983611