124 Forest Ln NBlountvilleTN37617
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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 Blountville at 124 Forest Ln N, Blountville, TN, 37617 generates $4,829/mo in rent and, after a $3,837/mo payment, leaves $136/mo in cash flow. Total monthly income is $4,829/mo, and annual cash flow is $1,634/yr on $257,936 invested. Return on cash invested sits at 20.69% in year one, and rental yield is 7.39% on a $784,000 entry. Equity gained on principal adds $5,059/yr, while 5% annual appreciation builds toward $216,605 over five years. Five-year ROI reaches 106.76% and total cumulative return in cash sums $275,364. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,829/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37617, Blountville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,295 (100%) |
| Owner Occupied HU | 4,707 (74.8%) |
| Renter Occupied HU | 1,101 (17.5%) |
| Vacant Housing Units | 487 ( 7.7%) |
| Median Home Value | $317,271 |
| Average Home Value | $357,442 |
Housing Distribution
Address Breakdown
Residential
6,171
Single Family
6,171
Multi-Family
0
Businesses
559
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Listed by: Lori Gray • Greater Impact Realty Lakeway
Mls Name: TVRMLS
Mls ID: #9986262