144 Allison RdPiney FlatsTN37686
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 Piney Flats at 144 Allison Rd, Piney Flats, TN, 37686 priced at $449,000 converts $1,860/mo rent into after a $2,198/mo obligation. Total monthly income equals $1,860/mo. Return on cash invested prints 13.23% in year one, and rental yield reads 4.97% against a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation compiles into $124,050 by year five. Five-year ROI reaches 66.76% and total cumulative return in cash sums $99,364. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,860/mo property income covering a $2,198/mo payment, not borrower’s personal income.
Single Family
Built in 1950
1.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37686, Piney Flats, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,293 (100%) |
| Owner Occupied HU | 2,969 (69.2%) |
| Renter Occupied HU | 890 (20.7%) |
| Vacant Housing Units | 434 (10.1%) |
| Median Home Value | $341,261 |
| Average Home Value | $382,217 |
Housing Distribution
Address Breakdown
Residential
4,122
Single Family
4,122
Multi-Family
0
Businesses
267
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karen Stigall • Westbrook Legacy Realty
Mls Name: TVRMLS
Mls ID: #9989226