1547 Millstone Beach RdDandridgeTN37725
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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 Dandridge at 1547 Millstone Beach Rd, Dandridge, TN, 37725 generates $1,644/mo in rent, after a $2,080/mo payment. Total monthly income is $1,644/mo. Return on cash invested sits at 12.24% in year one, and rental yield is 4.64% on a $424,900 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,392 over five years. Five-year ROI reaches 61.5% and total cumulative return in cash sums $86,625. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,644/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37725, Dandridge, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,712 (100%) |
| Owner Occupied HU | 6,754 (69.5%) |
| Renter Occupied HU | 1,452 (15.0%) |
| Vacant Housing Units | 1,506 (15.5%) |
| Median Home Value | $305,950 |
| Average Home Value | $375,465 |
Housing Distribution
Address Breakdown
Residential
8,548
Single Family
8,501
Multi-Family
47
Businesses
514
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