122 E Main StMountain CityTN37683
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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 Mountain City at 122 E Main St, Mountain City, TN, 37683 listed at $312,000 pairs $1,162/mo rent with a $1,527/mo payment. Total monthly income runs $1,162/mo. Return on cash invested measures 11.72% in year one, and rental yield registers 4.47% at a $312,000 basis. Equity gained on principal adds $2,013/yr, and annual property appreciation at 5% supports $86,200 by year five. Five-year ROI tracks 58.7% and total cumulative return in cash totals $60,707. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,162/mo property income relative to a $1,527/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1946
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37683, Mountain City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,875 (100%) |
| Owner Occupied HU | 3,735 (63.6%) |
| Renter Occupied HU | 1,284 (21.9%) |
| Vacant Housing Units | 856 (14.6%) |
| Median Home Value | $216,106 |
| Average Home Value | $285,732 |
Housing Distribution
Address Breakdown
Residential
5,507
Single Family
5,426
Multi-Family
81
Businesses
424
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Listed by: James Bonifacino • General Realty of Tennessee
Mls Name: TVRMLS
Mls ID: #9984341