203 Cherry StPikevilleTN37367
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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 Pikeville at 203 Cherry St, Pikeville, TN, 37367 uses $46,377 cash to close to unlock $3,267/yr annual cash flow and $272/mo monthly cash flow. Total monthly income runs $1,110/mo, and a $685/mo payment keeps the spread at $272/mo. Purchase price stands at $139,900, and rental yield measures 9.52% with $1,110/mo rent. Return on cash invested shows 26.95% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 140.46% and total cumulative return in cash records $65,139. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,110/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1957
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37367, Pikeville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,691 (100%) |
| Owner Occupied HU | 3,097 (66.0%) |
| Renter Occupied HU | 961 (20.5%) |
| Vacant Housing Units | 633 (13.5%) |
| Median Home Value | $216,071 |
| Average Home Value | $245,873 |
Housing Distribution
Address Breakdown
Residential
4,235
Single Family
4,194
Multi-Family
41
Businesses
289
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