14656 Rhea County HwyEvensvilleTN37332
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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 Evensville at 14656 Rhea County Hwy, Evensville, TN, 37332 generates $1,296/mo in rent, after a $1,224/mo payment. Total monthly income is $1,296/mo. Return on cash invested sits at 17% in year one, and rental yield is 6.22% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 87.02% and total cumulative return in cash sums $72,118. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,296/mo property income rather than buyer’s personal income.
Single Family
Built in 1944
4.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37332, Evensville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,248 (100%) |
| Owner Occupied HU | 871 (69.8%) |
| Renter Occupied HU | 228 (18.3%) |
| Vacant Housing Units | 149 (11.9%) |
| Median Home Value | $249,138 |
| Average Home Value | $290,241 |
Housing Distribution
Address Breakdown
Residential
1,236
Single Family
1,236
Multi-Family
0
Businesses
42
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Listed by: Teresa D Congioloso • Keller Williams Ridge to River
Mls Name: Greater Chattanooga Realtors
Mls ID: #1517789