1707 Millstone DrMaryvilleTN37803
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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 Maryville at 1707 Millstone Dr, Maryville, TN, 37803 priced at $644,900 converts $2,600/mo rent into after a $3,156/mo obligation. Total monthly income equals $2,600/mo. Return on cash invested prints 12.79% in year one, and rental yield reads 4.84% against a $644,900 entry. Equity gained on principal adds $4,161/yr, while 5% annual appreciation compiles into $178,174 by year five. Five-year ROI reaches 64.42% and total cumulative return in cash sums $136,688. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,600/mo property income covering a $3,156/mo payment, not borrower’s personal income.
Single Family
Built in 2024
0.39 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37803, Maryville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,829 (100%) |
| Owner Occupied HU | 11,315 (76.3%) |
| Renter Occupied HU | 2,699 (18.2%) |
| Vacant Housing Units | 815 ( 5.5%) |
| Median Home Value | $397,899 |
| Average Home Value | $483,365 |
Housing Distribution
Address Breakdown
Residential
14,426
Single Family
14,266
Multi-Family
160
Businesses
155
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Listed by: Jackie Pankratz • Realty Executives Associates
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1293488
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Hendrik Van Leesten - (865) 378-5282.