203 Golf Hill LnLa FolletteTN37766
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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 La Follette at 203 Golf Hill Ln, La Follette, TN, 37766 priced at $850,000 converts $1,800/mo rent into after a $4,160/mo obligation. Total monthly income equals $1,800/mo. Return on cash invested prints 5.95% in year one, and rental yield reads 2.54% against a $850,000 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation compiles into $234,839 by year five. Five-year ROI reaches 27.71% and total cumulative return in cash sums $77,482. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,800/mo property income covering a $4,160/mo payment, not borrower’s personal income.
Single Family
Built in 1973
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37766, La Follette, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,924 (100%) |
| Owner Occupied HU | 5,178 (52.2%) |
| Renter Occupied HU | 2,534 (25.5%) |
| Vacant Housing Units | 2,212 (22.3%) |
| Median Home Value | $186,467 |
| Average Home Value | $228,000 |
Housing Distribution
Address Breakdown
Residential
8,526
Single Family
8,132
Multi-Family
394
Businesses
586
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Listed by: Cameron McGhee • Alco Builders & Realty Co
Mls Name: East Tennessee Realtors
Mls ID: #1323978