1825 Pleasant View Cemetery RdNew MarketTN37820
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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 New Market at 1825 Pleasant View Cemetery Rd, New Market, TN, 37820 uses $128,622 cash to close to unlock $2,921/yr annual cash flow and $243/mo monthly cash flow. Total monthly income runs $2,566/mo, and a $1,899/mo payment keeps the spread at $243/mo. Purchase price stands at $388,000, and rental yield measures 7.94% with $2,566/mo rent. Return on cash invested shows 22.18% in year one, and 5% annual appreciation builds toward $107,197 over five years. Five-year ROI reaches 114.78% and total cumulative return in cash records $147,628. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,566/mo property income covering a $1,899/mo payment rather than investor’s personal income.
Single Family
Built in 2020
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37820, New Market, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,457 (100%) |
| Owner Occupied HU | 2,527 (73.1%) |
| Renter Occupied HU | 634 (18.3%) |
| Vacant Housing Units | 296 ( 8.6%) |
| Median Home Value | $246,159 |
| Average Home Value | $354,911 |
Housing Distribution
Address Breakdown
Residential
3,390
Single Family
3,390
Multi-Family
0
Businesses
143
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Listed by: JoAnn F. Hanko • United Real Estate Solutions
Mls Name: East Tennessee Realtors
Mls ID: #1320287