151 Walls Hollow RdOliver SpringsTN37840
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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
Total monthly income runs $1,860/mo, and a $1,786/mo payment. Purchase price stands at $364,900, and rental yield measures 6.12% with $1,860/mo rent. Return on cash invested shows 16.69% in year one, and 5% annual appreciation builds toward $100,815 over five years. Five-year ROI reaches 85.31% and total cumulative return in cash records $103,200. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,860/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Single Family
Built in 2005
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37840, Oliver Springs, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,631 (100%) |
| Owner Occupied HU | 3,358 (72.5%) |
| Renter Occupied HU | 867 (18.7%) |
| Vacant Housing Units | 406 ( 8.8%) |
| Median Home Value | $230,370 |
| Average Home Value | $294,031 |
Housing Distribution
Address Breakdown
Residential
4,142
Single Family
4,142
Multi-Family
0
Businesses
259
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Listed by: Debra Lively • Realty Executives Associates on the Square
Mls Name: East Tennessee Realtors
Mls ID: #1321747