17230 Crossville HwyMontereyTN38574
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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
Investment property for sale in Monterey at 17230 Crossville Hwy, Monterey, TN, 38574 offers a 8.51% rental yield on a $274,929 purchase with $1,949/mo rent. Total monthly income registers $1,949/mo, and a $1,346/mo payment leaves $303/mo available for distribution. Annual cash flow reaches $3,634/yr on $91,139 to close, and return on cash invested stands at 23.9% in year one. Equity gained on principal adds $1,774/yr while 5% annual appreciation supports $75,958 over five years. Portfolio math shows five-year ROI at 123.97% and total cumulative return in cash at $112,981. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,949/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38574, Monterey, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,415 (100%) |
| Owner Occupied HU | 2,978 (67.5%) |
| Renter Occupied HU | 917 (20.8%) |
| Vacant Housing Units | 520 (11.8%) |
| Median Home Value | $291,365 |
| Average Home Value | $317,754 |
Housing Distribution
Address Breakdown
Residential
3,930
Single Family
3,895
Multi-Family
35
Businesses
226
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