129 Anderson RdSweetwaterTN37874
Nearby investment properties with comparable rents
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 Sweetwater at 129 Anderson Rd, Sweetwater, TN, 37874 offers $1,199/mo rent that, after a $1,458/mo payment. Total monthly income is $1,199/mo. Return on cash invested measures 12.81% in year one, and rental yield stands at 4.83% at a $297,900 entry. Equity gained on principal adds $1,922/yr while 5% annual appreciation compounds into $82,304 by year five. Five-year ROI records 64.5% and total cumulative return in cash reaches $63,697. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,199/mo property income versus a $1,458/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.45 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jim Edmonds • Edmonds Realty Group, LLC
Mls Name: East Tennessee Realtors
Mls ID: #1324680