1938 Needmore RdWhitesburgTN37891
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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 Whitesburg at 1938 Needmore Rd, Whitesburg, TN, 37891 earns $182/mo cash flow from $840/mo rent with a $538/mo payment. Total monthly income totals $840/mo, and annual cash flow totals $2,183/yr on $36,465 capital. ROI tracks 25.9% on current figures, and rental yield reads 9.16% at a $110,000 purchase. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 over five years. Five-year ROI reaches 134.66% and total cumulative return in cash sums $49,104. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $840/mo property income instead of your personal income.
Single Family
Built in 1937
1.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37891, Whitesburg, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,640 (100%) |
| Owner Occupied HU | 1,158 (70.6%) |
| Renter Occupied HU | 257 (15.7%) |
| Vacant Housing Units | 225 (13.7%) |
| Median Home Value | $228,144 |
| Average Home Value | $255,160 |
Housing Distribution
Address Breakdown
Residential
1,605
Single Family
1,605
Multi-Family
0
Businesses
39
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Listed by: Chris Hughes • NextHome Clinch Valley
Mls Name: East Tennessee Realtors
Mls ID: #1317985