1311 Andrew Johnson HwyStrawberry PlainsTN37871
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
Investment property for sale in Strawberry Plains at 1311 Andrew Johnson Hwy, Strawberry Plains, TN, 37871 listed at $1,150,000 pairs $1,380/mo rent with a $5,629/mo payment. Total monthly income runs $1,380/mo. Return on cash invested measures 2.64% in year one, and rental yield registers 1.44% at a $1,150,000 basis. Equity gained on principal adds $7,421/yr, and annual property appreciation at 5% supports $317,724 by year five. Five-year ROI tracks 9.88% and total cumulative return in cash totals $36,813. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,380/mo property income relative to a $5,629/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1989
2.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37871, Strawberry Plains, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,139 (100%) |
| Owner Occupied HU | 3,030 (73.2%) |
| Renter Occupied HU | 749 (18.1%) |
| Vacant Housing Units | 360 ( 8.7%) |
| Median Home Value | $273,830 |
| Average Home Value | $359,368 |
Housing Distribution
Address Breakdown
Residential
3,925
Single Family
3,925
Multi-Family
0
Businesses
114
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: April Shepherd • Coldwell Banker Jim Henry
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1280134
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. [Click here for more information](/info/mls-disclaimers/#mls_154)