202 Lakeview DrFairfield GladeTN38558
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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
Rental property for sale in Fairfield Glade at 202 Lakeview Dr, Fairfield Glade, TN, 38558 priced at $347,000 pairs $2,768/mo rent with $573/mo cash flow after a $1,698/mo payment. Total monthly income equals $2,768/mo, and annual cash flow comes to $6,878/yr on $115,031 invested. Return on cash invested is 25.89% in year one, and rental yield stands at 9.57% on a $347,000 basis. Equity gained on principal adds $2,239/yr, and 5% annual appreciation accumulates to $95,870 by year five. Five-year ROI measures 135.11% and total cumulative return in cash reaches $155,420. For financing, Ziffy Mortgage’s DSCR program evaluates $2,768/mo property income against a $1,698/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1997
0.25 Acres lot
$N/A/sqft
$118 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38558, Crossville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,862 (100%) |
| Owner Occupied HU | 4,606 (78.6%) |
| Renter Occupied HU | 511 ( 8.7%) |
| Vacant Housing Units | 745 (12.7%) |
| Median Home Value | $349,686 |
| Average Home Value | $405,264 |
Housing Distribution
Address Breakdown
Residential
5,740
Single Family
5,524
Multi-Family
216
Businesses
87
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Listed by: Sherri L Teepen • The Ultimate Home Realty
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1307193
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Hendrik Van Leesten - (865) 378-5282.