18 Rivers CtOak RidgeTN37830
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 Oak Ridge at 18 Rivers Ct, Oak Ridge, TN, 37830 at $375,000 posts ROI 18.39% with from $2,087/mo rent. Total monthly income equals $2,087/mo. Return on cash invested measures 18.39% and rental yield reads 6.68% at the current $375,000. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 by year five. Five-year ROI prints 94.44% and total cumulative return in cash totals $117,399. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,087/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1990
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37830, Oak Ridge, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,965 (100%) |
| Owner Occupied HU | 9,391 (58.8%) |
| Renter Occupied HU | 5,222 (32.7%) |
| Vacant Housing Units | 1,352 ( 8.5%) |
| Median Home Value | $278,924 |
| Average Home Value | $301,190 |
Housing Distribution
Address Breakdown
Residential
15,573
Single Family
14,382
Multi-Family
1,191
Businesses
1,115
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices