119 Pikeville AveGraysvilleTN37338
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
Investment Highlights
Rental property for sale in Graysville at 119 Pikeville Ave, Graysville, TN, 37338 offers $1,132/mo rent that, after a $734/mo payment, leaves $234/mo cash flow. Total monthly income is $1,132/mo, and annual cash flow is $2,812/yr on $49,692 cash. Return on cash invested measures 25.57% in year one, and rental yield stands at 9.06% at a $149,900 entry. Equity gained on principal adds $967/yr while 5% annual appreciation compounds into $41,415 by year five. Five-year ROI records 133.01% and total cumulative return in cash reaches $66,095. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,132/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1938
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37338, Graysville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,512 (100%) |
| Owner Occupied HU | 1,045 (69.1%) |
| Renter Occupied HU | 292 (19.3%) |
| Vacant Housing Units | 175 (11.6%) |
| Median Home Value | $181,500 |
| Average Home Value | $239,560 |
Housing Distribution
Address Breakdown
Residential
1,252
Single Family
1,210
Multi-Family
42
Businesses
35
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Listed by: Debra Coulter • Blue Key Properties, LLC - Spring City
Mls Name: RCAR
Mls ID: #20252510