120 Maple Crest CirSurgoinsvilleTN37873
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 Surgoinsville at 120 Maple Crest Cir, Surgoinsville, TN, 37873 priced at $310,000 converts $1,612/mo rent into after a $1,517/mo obligation. Total monthly income equals $1,612/mo. Return on cash invested prints 17.07% in year one, and rental yield reads 6.24% against a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation compiles into $85,647 by year five. Five-year ROI reaches 87.34% and total cumulative return in cash sums $89,755. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,612/mo property income covering a $1,517/mo payment, not borrower’s personal income.
Manufactured
Built in 2022
1.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37873, Surgoinsville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,126 (100%) |
| Owner Occupied HU | 1,515 (71.3%) |
| Renter Occupied HU | 360 (16.9%) |
| Vacant Housing Units | 251 (11.8%) |
| Median Home Value | $175,310 |
| Average Home Value | $198,675 |
Housing Distribution
Address Breakdown
Residential
1,898
Single Family
1,898
Multi-Family
0
Businesses
106
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jim Griffin • LPT Realty - Griffin Home Group
Mls Name: TVRMLS
Mls ID: #9982823