1411 Ridge RdCaryvilleTN37714
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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 Caryville at 1411 Ridge Rd, Caryville, TN, 37714 generates $4,639/mo in rent, after a $5,384/mo payment. Total monthly income is $4,639/mo. Return on cash invested sits at 13.82% in year one, and rental yield is 5.06% on a $1,100,000 entry. Equity gained on principal adds $7,098/yr, while 5% annual appreciation builds toward $303,910 over five years. Five-year ROI reaches 69.81% and total cumulative return in cash sums $248,815. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,639/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37714, Caryville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,319 (100%) |
| Owner Occupied HU | 1,355 (58.4%) |
| Renter Occupied HU | 514 (22.2%) |
| Vacant Housing Units | 450 (19.4%) |
| Median Home Value | $270,146 |
| Average Home Value | $401,269 |
Housing Distribution
Address Breakdown
Residential
1,798
Single Family
1,798
Multi-Family
0
Businesses
85
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