122 Dayflower WayMaynardvilleTN37807
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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 Maynardville at 122 Dayflower Way, Maynardville, TN, 37807 priced at $249,900 converts $1,813/mo rent into $317/mo cash flow after a $1,223/mo obligation. Total monthly income equals $1,813/mo, and annual cash flow totals $3,806/yr on $82,842 invested. Return on cash invested prints 24.5% in year one, and rental yield reads 8.71% against a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,043 by year five. Five-year ROI reaches 127.24% and total cumulative return in cash sums $105,410. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,813/mo property income covering a $1,223/mo payment, not borrower’s personal income.
Condo
Built in 2006
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37807, Maynardville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,163 (100%) |
| Owner Occupied HU | 3,345 (64.8%) |
| Renter Occupied HU | 979 (19.0%) |
| Vacant Housing Units | 839 (16.3%) |
| Median Home Value | $207,338 |
| Average Home Value | $254,197 |
Housing Distribution
Address Breakdown
Residential
4,463
Single Family
4,390
Multi-Family
73
Businesses
343
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Listed by: Jerry Headrick • Realty Executives Associates
Mls Name: East Tennessee Realtors
Mls ID: #1305565