115 Oak LnCaryvilleTN37714
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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 Caryville at 115 Oak Ln, Caryville, TN, 37714 offers $1,980/mo rent that, after a $1,346/mo payment, leaves $335/mo cash flow. Total monthly income is $1,980/mo, and annual cash flow is $4,019/yr on $91,129 cash. Return on cash invested measures 24.32% in year one, and rental yield stands at 8.64% at a $274,900 entry. Equity gained on principal adds $1,774/yr while 5% annual appreciation compounds into $75,950 by year five. Five-year ROI records 126.21% and total cumulative return in cash reaches $115,011. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,980/mo property income versus a $1,346/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37714, Caryville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,319 (100%) |
| Owner Occupied HU | 1,355 (58.4%) |
| Renter Occupied HU | 514 (22.2%) |
| Vacant Housing Units | 450 (19.4%) |
| Median Home Value | $270,146 |
| Average Home Value | $401,269 |
Housing Distribution
Address Breakdown
Residential
1,798
Single Family
1,798
Multi-Family
0
Businesses
85
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