1804 Cherokee DrBean StationTN37708
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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 Bean Station at 1804 Cherokee Dr, Bean Station, TN, 37708 earns from $2,812/mo rent with a $4,649/mo payment. Total monthly income totals $2,812/mo. ROI tracks 9.02% on current figures, and rental yield reads 3.55% at a $949,900 purchase. Equity gained on principal adds $6,130/yr, and 5% annual appreciation supports $262,440 over five years. Five-year ROI reaches 44.18% and total cumulative return in cash sums $138,078. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,812/mo property income instead of your personal income.
Single Family
Built in 2011
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37708, Bean Station, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,818 (100%) |
| Owner Occupied HU | 2,494 (65.3%) |
| Renter Occupied HU | 618 (16.2%) |
| Vacant Housing Units | 706 (18.5%) |
| Median Home Value | $214,146 |
| Average Home Value | $256,788 |
Housing Distribution
Address Breakdown
Residential
3,290
Single Family
3,290
Multi-Family
0
Businesses
191
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Listed by: Corey Tittle • KW Johnson City
Mls Name: TVRMLS
Mls ID: #9989387