146 Nelson WayFriendsvilleTN37737
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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 Friendsville at 146 Nelson Way, Friendsville, TN, 37737 with 5% annual appreciation on a $789,900 basis while $3,306/mo rent supports operations. 49% in year one. Equity gained on principal adds $5,097/yr, and five-year appreciation sums $218,235 alongside rental yield of 5.02%. Five-year ROI measures 68.13% and total cumulative return in cash totals $177,053. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,306/mo property income versus a $3,866/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1997
11.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37737, Friendsville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,081 (100%) |
| Owner Occupied HU | 2,488 (80.8%) |
| Renter Occupied HU | 418 (13.6%) |
| Vacant Housing Units | 175 ( 5.7%) |
| Median Home Value | $372,659 |
| Average Home Value | $465,358 |
Housing Distribution
Address Breakdown
Residential
2,722
Single Family
2,715
Multi-Family
7
Businesses
96
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Listed by: Rachel Cornett • CENTURY 21 Legacy
Mls Name: East Tennessee Realtors
Mls ID: #1311917