2041 Witt RdWhite PineTN37890
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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 White Pine at 2041 Witt Rd, White Pine, TN, 37890 priced at $1,300,000 converts $2,650/mo rent into after a $6,363/mo obligation. Total monthly income equals $2,650/mo. Return on cash invested prints 5.75% in year one, and rental yield reads 2.45% against a $1,300,000 entry. Equity gained on principal adds $8,389/yr, while 5% annual appreciation compiles into $359,166 by year five. Five-year ROI reaches 26.53% and total cumulative return in cash sums $111,759. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,650/mo property income covering a $6,363/mo payment, not borrower’s personal income.
Single Family
Built in 1994
33.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37890, White Pine, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,425 (100%) |
| Owner Occupied HU | 2,327 (67.9%) |
| Renter Occupied HU | 670 (19.6%) |
| Vacant Housing Units | 428 (12.5%) |
| Median Home Value | $241,904 |
| Average Home Value | $370,144 |
Housing Distribution
Address Breakdown
Residential
3,031
Single Family
2,603
Multi-Family
428
Businesses
163
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Listed by: Jesse Faulknor • Brick & Mortar Properties, LLC
Mls Name: East Tennessee Realtors
Mls ID: #1323597