1199 Oak Grove RdBean StationTN37708
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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 Bean Station at 1199 Oak Grove Rd, Bean Station, TN, 37708 listed at $585,000 pairs $2,618/mo rent with a $2,863/mo payment. Total monthly income runs $2,618/mo. Return on cash invested measures 14.55% in year one, and rental yield registers 5.37% at a $585,000 basis. Equity gained on principal adds $3,775/yr, and annual property appreciation at 5% supports $161,625 by year five. Five-year ROI tracks 73.82% and total cumulative return in cash totals $142,074. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,618/mo property income relative to a $2,863/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37708, Bean Station, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,818 (100%) |
| Owner Occupied HU | 2,494 (65.3%) |
| Renter Occupied HU | 618 (16.2%) |
| Vacant Housing Units | 706 (18.5%) |
| Median Home Value | $214,146 |
| Average Home Value | $256,788 |
Housing Distribution
Address Breakdown
Residential
3,290
Single Family
3,290
Multi-Family
0
Businesses
191
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Listed by: Ashley Hunt • RE/MAX Real Estate Ten Midtown
Mls Name: Lakeway Area AOR
Mls ID: #707540