155 Wise WayOlivehillTN38475
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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 Olivehill at 155 Wise Way, Olivehill, TN, 38475 with 5% annual appreciation on a $224,900 basis while $906/mo rent supports operations. 82% in year one. Equity gained on principal adds $1,451/yr, and five-year appreciation sums $62,136 alongside rental yield of 4.83%. Five-year ROI measures 64.59% and total cumulative return in cash totals $48,157. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $906/mo property income versus a $1,101/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1975
5.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38475, Olivehill, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 393 (100%) |
| Owner Occupied HU | 289 (73.5%) |
| Renter Occupied HU | 49 (12.5%) |
| Vacant Housing Units | 55 (14.0%) |
| Median Home Value | $171,071 |
| Average Home Value | $193,175 |
Housing Distribution
Address Breakdown
Residential
350
Single Family
350
Multi-Family
0
Businesses
4
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Listed by: Stephanie Cox • MERRIWEATHER REAL ESTATE GROUP
Mls Name: CWTAR
Mls Provider:
Mls ID: #2503813
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