122 Hemlock DrTracy CityTN37387
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 Tracy City at 122 Hemlock Dr, Tracy City, TN, 37387 priced at $277,000 converts $0/mo rent into after a $1,356/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -1.76% in year one, and rental yield reads 0% against a $277,000 entry. Equity gained on principal adds $1,787/yr, while 5% annual appreciation compiles into $76,530 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,356/mo payment, not borrower’s personal income.
Manufactured
Built in 2023
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37387, Tracy City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,944 (100%) |
| Owner Occupied HU | 1,309 (67.3%) |
| Renter Occupied HU | 404 (20.8%) |
| Vacant Housing Units | 231 (11.9%) |
| Median Home Value | $157,825 |
| Average Home Value | $205,718 |
Housing Distribution
Address Breakdown
Residential
1,388
Single Family
1,388
Multi-Family
0
Businesses
144
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Mandi Oakes • Fridrich & Clark Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3116243