128 Sheridan CirOak RidgeTN37830
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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 Oak Ridge at 128 Sheridan Cir, Oak Ridge, TN, 37830 with 5% annual appreciation on a $245,900 basis while $1,517/mo rent supports operations. Total monthly income totals $1,517/mo and a $1,204/mo payment preserves $45/mo for cash returns. Annual cash flow comes to $535/yr on $81,516 deployed, and return on cash invested reaches 20.56% in year one. Equity gained on principal adds $1,587/yr, and five-year appreciation sums $67,938 alongside rental yield of 7.4%. Five-year ROI measures 106.12% and total cumulative return in cash totals $86,503.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,517/mo property income versus a $1,204/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1954
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37830, Oak Ridge, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,965 (100%) |
| Owner Occupied HU | 9,391 (58.8%) |
| Renter Occupied HU | 5,222 (32.7%) |
| Vacant Housing Units | 1,352 ( 8.5%) |
| Median Home Value | $278,924 |
| Average Home Value | $301,190 |
Housing Distribution
Address Breakdown
Residential
15,573
Single Family
14,382
Multi-Family
1,191
Businesses
1,115
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