1128&1148 Drakes Creek RoadTradeTN37691
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 2.16% gross rental yield, 1128&1148 Drakes Creek Road, Trade, TN, 37691 in Trade is priced for capital growth, not immediate cash flow. The $1,300,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $359,166 by year five, with $10,898/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.38) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $117,115.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 2.2% | 6.2% |
| Monthly Cash Flow | $(5,442) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,340 |
| Total Monthly Debt Service | $7,582 |
| DSCR Ratio | 0.31x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2003
39.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37691, Trade, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 515 (100%) |
| Owner Occupied HU | 330 (64.1%) |
| Renter Occupied HU | 95 (18.4%) |
| Vacant Housing Units | 90 (17.5%) |
| Median Home Value | $275,926 |
| Average Home Value | $280,833 |
Housing Distribution
Address Breakdown
Residential
457
Single Family
457
Multi-Family
0
Businesses
13
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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
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