1571 Bicknell RdClarkrangeTN38553
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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 Clarkrange at 1571 Bicknell Rd, Clarkrange, TN, 38553 offers a 8.15% rental yield on a $289,000 purchase with $1,963/mo rent. Total monthly income registers $1,963/mo, and a $1,415/mo payment leaves $233/mo available for distribution. Annual cash flow reaches $2,790/yr on $95,804 to close, and return on cash invested stands at 22.82% in year one. Equity gained on principal adds $1,865/yr while 5% annual appreciation supports $79,845 over five years. Portfolio math shows five-year ROI at 118.22% and total cumulative return in cash at $113,258. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,963/mo property income against a $1,415/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38553, Clarkrange, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,216 (100%) |
| Owner Occupied HU | 905 (74.4%) |
| Renter Occupied HU | 178 (14.6%) |
| Vacant Housing Units | 133 (10.9%) |
| Median Home Value | $227,799 |
| Average Home Value | $319,348 |
Housing Distribution
Address Breakdown
Residential
1,114
Single Family
1,114
Multi-Family
0
Businesses
80
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Listed by: Rhonda Darrow • Home Touch Realty LLC
Mls Name: UCMLS
Mls Provider:
Mls ID: #231137
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