117 Northridge DrFairfield GladeTN38558
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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 Fairfield Glade at 117 Northridge Dr, Fairfield Glade, TN, 38558 priced at $659,000 converts $2,123/mo rent into after a $3,225/mo obligation. Total monthly income equals $2,123/mo. Return on cash invested prints 9.98% in year one, and rental yield reads 3.87% against a $659,000 entry. Equity gained on principal adds $4,252/yr, while 5% annual appreciation compiles into $182,070 by year five. Five-year ROI reaches 49.29% and total cumulative return in cash sums $106,867. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,123/mo property income covering a $3,225/mo payment, not borrower’s personal income.
Single Family
Built in 2006
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38558, Crossville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,862 (100%) |
| Owner Occupied HU | 4,606 (78.6%) |
| Renter Occupied HU | 511 ( 8.7%) |
| Vacant Housing Units | 745 (12.7%) |
| Median Home Value | $349,686 |
| Average Home Value | $405,264 |
Housing Distribution
Address Breakdown
Residential
5,740
Single Family
5,524
Multi-Family
216
Businesses
87
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Listed by: Andy Peterson • eXp Realty, LLC
Mls Name: East Tennessee Realtors
Mls ID: #1318904