172 Mandy LnLenoir CityTN37772
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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 Lenoir City at 172 Mandy Ln, Lenoir City, TN, 37772 offers $2,974/mo rent that, after a $2,070/mo payment, leaves $442/mo cash flow. Total monthly income is $2,974/mo, and annual cash flow is $5,307/yr on $140,225 cash. Return on cash invested measures 23.69% in year one, and rental yield stands at 8.44% at a $423,000 entry. Equity gained on principal adds $2,730/yr while 5% annual appreciation compounds into $116,867 by year five. Five-year ROI records 122.89% and total cumulative return in cash reaches $172,321. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,974/mo property income versus a $2,070/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37772, Lenoir City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,270 (100%) |
| Owner Occupied HU | 4,922 (78.5%) |
| Renter Occupied HU | 962 (15.3%) |
| Vacant Housing Units | 386 ( 6.2%) |
| Median Home Value | $423,321 |
| Average Home Value | $503,598 |
Housing Distribution
Address Breakdown
Residential
6,462
Single Family
6,452
Multi-Family
10
Businesses
265
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Listed by: Karen Albright • Opendoor Brokerage, LLC
Mls Name: East Tennessee Realtors
Mls ID: #1326583