163 Spoone StBean StationTN37708
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Nearby investment properties with comparable prices
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 Bean Station at 163 Spoone St, Bean Station, TN, 37708 priced at $249,900 pairs $1,955/mo rent with $459/mo cash flow after a $1,223/mo payment. Total monthly income equals $1,955/mo, and annual cash flow comes to $5,510/yr on $82,842 invested. Return on cash invested is 26.56% in year one, and rental yield stands at 9.39% on a $249,900 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,043 by year five. Five-year ROI measures 138.28% and total cumulative return in cash reaches $114,554. For financing, Ziffy Mortgage’s DSCR program evaluates $1,955/mo property income against a $1,223/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2002
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37708, Bean Station, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,818 (100%) |
| Owner Occupied HU | 2,494 (65.3%) |
| Renter Occupied HU | 618 (16.2%) |
| Vacant Housing Units | 706 (18.5%) |
| Median Home Value | $214,146 |
| Average Home Value | $256,788 |
Housing Distribution
Address Breakdown
Residential
3,290
Single Family
3,290
Multi-Family
0
Businesses
191
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Listed by: Marilyn Lee Barnard • eXp Realty, LLC
Mls Name: Lakeway Area AOR
Mls ID: #707293