1198 Mill Creek RdSunbrightTN37872
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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
Investment property for sale in Sunbright at 1198 Mill Creek Rd, Sunbright, TN, 37872 offers a 0% rental yield on a $624,000 purchase with $0/mo rent. 77% in year one. Equity gained on principal adds $4,027/yr while 5% annual appreciation supports $172,400 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $3,054/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
53.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37872, Sunbright, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,015 (100%) |
| Owner Occupied HU | 702 (69.2%) |
| Renter Occupied HU | 148 (14.6%) |
| Vacant Housing Units | 165 (16.3%) |
| Median Home Value | $153,030 |
| Average Home Value | $247,333 |
Housing Distribution
Address Breakdown
Residential
1,058
Single Family
1,058
Multi-Family
0
Businesses
45
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