163 Springbrook RdUnicoiTN37692
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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 Unicoi at 163 Springbrook Rd, Unicoi, TN, 37692 offers $2,948/mo rent that, after a $2,056/mo payment, leaves $434/mo cash flow. Total monthly income is $2,948/mo, and annual cash flow is $5,202/yr on $139,230 cash. Return on cash invested measures 23.65% in year one, and rental yield stands at 8.42% at a $420,000 entry. Equity gained on principal adds $2,710/yr while 5% annual appreciation compounds into $116,038 by year five. Five-year ROI records 122.63% and total cumulative return in cash reaches $170,731. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,948/mo property income versus a $2,056/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37692, Unicoi, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,296 (100%) |
| Owner Occupied HU | 1,514 (65.9%) |
| Renter Occupied HU | 502 (21.9%) |
| Vacant Housing Units | 280 (12.2%) |
| Median Home Value | $245,333 |
| Average Home Value | $274,985 |
Housing Distribution
Address Breakdown
Residential
2,083
Single Family
2,083
Multi-Family
0
Businesses
96
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Listed by: Shana Wilcox • Century 21 Legacy
Mls Name: TVRMLS
Mls ID: #9977948
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