111 Old Stage RdSurgoinsvilleTN37873
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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 111 Old Stage Rd, Surgoinsville, TN, 37873 priced at $224,997 pairs $1,793/mo rent with $446/mo cash flow after a $1,101/mo payment. Total monthly income equals $1,793/mo, and annual cash flow comes to $5,357/yr on $74,587 invested. Return on cash invested is 27.09% in year one, and rental yield stands at 9.56% on a $224,997 basis. Equity gained on principal adds $1,452/yr, and 5% annual appreciation accumulates to $62,163 by year five. Five-year ROI measures 141.14% and total cumulative return in cash reaches $105,272. For financing, Ziffy Mortgage’s DSCR program evaluates $1,793/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
0.94 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: Angela Rundle • Blue Ridge Properties
Mls Name: TVRMLS
Mls ID: #9987517