162 Andy Baird DrLa FolletteTN37766
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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 La Follette at 162 Andy Baird Dr, La Follette, TN, 37766 offers a 10.81% rental yield on a $199,900 purchase with $1,800/mo rent. Total monthly income registers $1,800/mo, and a $978/mo payment leaves $604/mo available for distribution. Annual cash flow reaches $7,245/yr on $66,267 to close, and return on cash invested stands at 30.84% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 161.22% and total cumulative return in cash at $106,837. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,800/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37766, La Follette, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,924 (100%) |
| Owner Occupied HU | 5,178 (52.2%) |
| Renter Occupied HU | 2,534 (25.5%) |
| Vacant Housing Units | 2,212 (22.3%) |
| Median Home Value | $186,467 |
| Average Home Value | $228,000 |
Housing Distribution
Address Breakdown
Residential
8,526
Single Family
8,132
Multi-Family
394
Businesses
586
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Listed by: Donald Batho • Realty Executives Associates
Mls Name: East Tennessee Realtors
Mls ID: #1316982