175 Faith Rae BlvdMorrisonTN37357
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
Investment property for sale in Morrison at 175 Faith Rae Blvd, Morrison, TN, 37357 earns $18/mo cash flow from $4,200/mo rent with a $3,419/mo payment. Total monthly income totals $4,200/mo, and annual cash flow totals $222/yr on $229,806 capital. ROI tracks 20.16% on current figures, and rental yield reads 7.22% at a $698,499 purchase. Equity gained on principal adds $4,507/yr, and 5% annual appreciation supports $192,982 over five years. Five-year ROI reaches 103.88% and total cumulative return in cash sums $238,716. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,200/mo property income instead of your personal income.
Single Family
Built in 1991
5.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37357, Morrison, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,788 (100%) |
| Owner Occupied HU | 2,067 (74.1%) |
| Renter Occupied HU | 459 (16.5%) |
| Vacant Housing Units | 262 ( 9.4%) |
| Median Home Value | $239,874 |
| Average Home Value | $284,239 |
Housing Distribution
Address Breakdown
Residential
2,574
Single Family
2,573
Multi-Family
1
Businesses
129
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Maria Checchin • Crye-Leike Realtors South, Inc.
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1295591
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.