189 Sherman DrCrossvilleTN38555
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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 Crossville at 189 Sherman Dr, Crossville, TN, 38555 with 5% annual appreciation on a $268,500 basis while $1,800/mo rent supports operations. Total monthly income totals $1,800/mo and a $1,314/mo payment preserves $193/mo for cash returns. Annual cash flow comes to $2,315/yr on $89,008 deployed, and return on cash invested reaches 22.51% in year one. Equity gained on principal adds $1,733/yr, and five-year appreciation sums $74,182 alongside rental yield of 8.04%. Five-year ROI measures 116.52% and total cumulative return in cash totals $103,714.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,800/mo property income versus a $1,314/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1988
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38555, Crossville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,843 (100%) |
| Owner Occupied HU | 5,611 (57.0%) |
| Renter Occupied HU | 3,284 (33.4%) |
| Vacant Housing Units | 948 ( 9.6%) |
| Median Home Value | $279,190 |
| Average Home Value | $344,374 |
Housing Distribution
Address Breakdown
Residential
9,284
Single Family
8,669
Multi-Family
615
Businesses
1,110
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Listed by: Luanne M. Brennan • Century 21 Fountain Realty, LLC
Mls Name: East Tennessee Realtors
Mls ID: #1326291