1840 Lockmiller RdEstill SpringsTN37330
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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 Estill Springs at 1840 Lockmiller Rd, Estill Springs, TN, 37330 offers a 0% rental yield on a $469,900 purchase with $0/mo rent. 76% in year one. Equity gained on principal adds $3,032/yr while 5% annual appreciation supports $129,825 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $2,300/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
3.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37330, Estill Springs, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,614 (100%) |
| Owner Occupied HU | 2,609 (72.2%) |
| Renter Occupied HU | 471 (13.0%) |
| Vacant Housing Units | 534 (14.8%) |
| Median Home Value | $299,194 |
| Average Home Value | $354,884 |
Housing Distribution
Address Breakdown
Residential
3,081
Single Family
3,081
Multi-Family
0
Businesses
81
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Listed by: Jessica London • Southern Middle Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2971882