115 Lakeview DrTurtletownTN37391
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 115 Lakeview Dr, Turtletown, TN, 37391 in Turtletown the bet is firmly on appreciation. Rental yield 4.99%. The 4.99% gross yield on a $351,000 price is below income-first thresholds, but 5%/yr value growth projects $96,975 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.93) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $90,827.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 5% | 6.2% |
| Monthly Cash Flow | $(653) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,460 |
| Total Monthly Debt Service | $1,974 |
| DSCR Ratio | 0.74x |
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 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1994
0.43 Acres lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37391, Turtletown, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 881 (100%) |
| Owner Occupied HU | 551 (62.5%) |
| Renter Occupied HU | 111 (12.6%) |
| Vacant Housing Units | 219 (24.9%) |
| Median Home Value | $192,137 |
| Average Home Value | $219,619 |
Housing Distribution
Address Breakdown
Residential
781
Single Family
781
Multi-Family
0
Businesses
21
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
Single Family
Built in 1994
0.43 Acres lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37391, Turtletown, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 881 (100%) |
| Owner Occupied HU | 551 (62.5%) |
| Renter Occupied HU | 111 (12.6%) |
| Vacant Housing Units | 219 (24.9%) |
| Median Home Value | $192,137 |
| Average Home Value | $219,619 |
Housing Distribution
Address Breakdown
Residential
781
Single Family
781
Multi-Family
0
Businesses
21
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Teresa Bidez • Coldwell Banker High Country
Mls Name: GAMLS
Mls Provider:
Mls ID: #10522748
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2025 GAMLS. All rights reserved.