113 Clark LnPowellTN37849
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Powell at 113 Clark Ln, Powell, TN, 37849 priced at $429,900 pairs $2,900/mo rent with $327/mo cash flow after a $2,104/mo payment. Total monthly income equals $2,900/mo, and annual cash flow comes to $3,920/yr on $142,512 invested. Return on cash invested is 22.66% in year one, and rental yield stands at 8.09% on a $429,900 basis. Equity gained on principal adds $2,774/yr, and 5% annual appreciation accumulates to $118,773 by year five. Five-year ROI measures 117.33% and total cumulative return in cash reaches $167,203. For financing, Ziffy Mortgage’s DSCR program evaluates $2,900/mo property income against a $2,104/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1980
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37849, Powell, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,442 (100%) |
| Owner Occupied HU | 9,475 (76.2%) |
| Renter Occupied HU | 2,346 (18.9%) |
| Vacant Housing Units | 621 ( 5.0%) |
| Median Home Value | $352,640 |
| Average Home Value | $406,305 |
Housing Distribution
Address Breakdown
Residential
11,591
Single Family
11,169
Multi-Family
422
Businesses
629
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Listed by: Victoria Pack Melhorn • Realty Executives Associates
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1277811
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Hendrik Van Leesten - (865) 378-5282. [Click here for more information](/info/mls-disclaimers/#mls_154)