123 Tommy LoopSweetwaterTN37874
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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 Sweetwater at 123 Tommy Loop, Sweetwater, TN, 37874 offers a 7.49% rental yield on a $346,000 purchase with $2,161/mo rent. Total monthly income registers $2,161/mo, and a $1,694/mo payment leaves $90/mo available for distribution. Annual cash flow reaches $1,083/yr on $114,699 to close, and return on cash invested stands at 20.85% in year one. Equity gained on principal adds $2,233/yr while 5% annual appreciation supports $95,593 over five years. Portfolio math shows five-year ROI at 107.67% and total cumulative return in cash at $123,498. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,161/mo property income against a $1,694/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37874, Sweetwater, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,391 (100%) |
| Owner Occupied HU | 5,092 (68.9%) |
| Renter Occupied HU | 1,685 (22.8%) |
| Vacant Housing Units | 614 ( 8.3%) |
| Median Home Value | $221,768 |
| Average Home Value | $282,355 |
Housing Distribution
Address Breakdown
Residential
6,673
Single Family
6,589
Multi-Family
84
Businesses
461
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Listed by: Lorie Colloms • Century 21 Legacy
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1300242
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Hendrik Van Leesten - (865) 378-5282.