11715 State Route 22a SEnvilleTN38332
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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 Enville at 11715 State Route 22a S, Enville, TN, 38332 generates $1,660/mo in rent and, after a $1,003/mo payment, leaves $433/mo in cash flow. Total monthly income is $1,660/mo, and annual cash flow is $5,200/yr on $67,924 invested. Return on cash invested sits at 27.56% in year one, and rental yield is 9.72% on a $204,900 entry. Equity gained on principal adds $1,322/yr, while 5% annual appreciation builds toward $56,610 over five years. Five-year ROI reaches 143.66% and total cumulative return in cash sums $97,582. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,660/mo property income rather than buyer’s personal income.
Single Family
Built in 2009
1.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38332, Enville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 497 (100%) |
| Owner Occupied HU | 330 (66.4%) |
| Renter Occupied HU | 64 (12.9%) |
| Vacant Housing Units | 103 (20.7%) |
| Median Home Value | $180,769 |
| Average Home Value | $212,826 |
Housing Distribution
Address Breakdown
Residential
514
Single Family
514
Multi-Family
0
Businesses
22
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Listed by: Shirley McKee • Coldwell Banker McKee Realty
Mls Name: CWTAR
Mls Provider:
Mls ID: #2502751
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