117 McCay StCopperhillTN37317
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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 Copperhill at 117 McCay St, Copperhill, TN, 37317 offers $1,967/mo rent that, after a $1,223/mo payment, leaves $471/mo cash flow. Total monthly income is $1,967/mo, and annual cash flow is $5,654/yr on $82,842 cash. Return on cash invested measures 26.73% in year one, and rental yield stands at 9.45% at a $249,900 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,043 by year five. Five-year ROI records 139.22% and total cumulative return in cash reaches $115,334. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,967/mo property income versus a $1,223/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1936
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37317, Copperhill, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,728 (100%) |
| Owner Occupied HU | 1,079 (62.4%) |
| Renter Occupied HU | 268 (15.5%) |
| Vacant Housing Units | 381 (22.0%) |
| Median Home Value | $159,956 |
| Average Home Value | $204,710 |
Housing Distribution
Address Breakdown
Residential
1,213
Single Family
1,213
Multi-Family
0
Businesses
140
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Listed by: Jody Nicholson • REMAX Mountain Properties - The Nicholson Group
Mls Name: NGBOR
Mls ID: #417972