145 Canterbury DrFairfield GladeTN38558
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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 Fairfield Glade at 145 Canterbury Dr, Fairfield Glade, TN, 38558 uses $82,875 cash to close to unlock $7,513/yr annual cash flow and $626/mo monthly cash flow. Total monthly income runs $2,123/mo, and a $1,224/mo payment keeps the spread at $626/mo. Purchase price stands at $250,000, and rental yield measures 10.19% with $2,123/mo rent. Return on cash invested shows 28.97% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 151.24% and total cumulative return in cash records $125,338. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,123/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1981
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38558, Crossville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,862 (100%) |
| Owner Occupied HU | 4,606 (78.6%) |
| Renter Occupied HU | 511 ( 8.7%) |
| Vacant Housing Units | 745 (12.7%) |
| Median Home Value | $349,686 |
| Average Home Value | $405,264 |
Housing Distribution
Address Breakdown
Residential
5,740
Single Family
5,524
Multi-Family
216
Businesses
87
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Listed by: Barbara E Ely • Weichert Realtors The Webb Age
Mls Name: East Tennessee Realtors
Mls ID: #1327817