1688 Old Highway 95Lenoir CityTN37771
Nearby investment properties with comparable rents
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
Total monthly income runs $1,592/mo, and a $4,772/mo payment. Purchase price stands at $975,000, and rental yield measures 1.96% with $1,592/mo rent. Return on cash invested shows 4.18% in year one, and 5% annual appreciation builds toward $269,375 over five years. Five-year ROI reaches 18.2% and total cumulative return in cash records $58,395. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,592/mo property income covering a $4,772/mo payment rather than investor’s personal income.
Multi Family
Built in 1976
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37771, Lenoir City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,195 (100%) |
| Owner Occupied HU | 5,374 (65.6%) |
| Renter Occupied HU | 2,228 (27.2%) |
| Vacant Housing Units | 593 ( 7.2%) |
| Median Home Value | $265,872 |
| Average Home Value | $302,637 |
Housing Distribution
Address Breakdown
Residential
7,833
Single Family
7,419
Multi-Family
414
Businesses
733
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Solange Velas • Goldman Partners Realty, LLC
Mls Name: East Tennessee Realtors
Mls ID: #1324059