191 Neeley PlBlountvilleTN37617
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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 Blountville at 191 Neeley Pl, Blountville, TN, 37617 uses $122,622 cash to close to unlock $5,306/yr annual cash flow and $442/mo monthly cash flow. Total monthly income runs $2,656/mo, and a $1,810/mo payment keeps the spread at $442/mo. Purchase price stands at $369,900, and rental yield measures 8.62% with $2,656/mo rent. Return on cash invested shows 24.24% in year one, and 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 125.81% and total cumulative return in cash records $154,270. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,656/mo property income covering a $1,810/mo payment rather than investor’s personal income.
Single Family
Built in 1984
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37617, Blountville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,295 (100%) |
| Owner Occupied HU | 4,707 (74.8%) |
| Renter Occupied HU | 1,101 (17.5%) |
| Vacant Housing Units | 487 ( 7.7%) |
| Median Home Value | $317,271 |
| Average Home Value | $357,442 |
Housing Distribution
Address Breakdown
Residential
6,171
Single Family
6,171
Multi-Family
0
Businesses
559
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Listed by: Jerry King • Town & Country Realty - Downtown
Mls Name: TVRMLS
Mls ID: #9983984