20590 Steekee RdLoudonTN37774
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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 Loudon at 20590 Steekee Rd, Loudon, TN, 37774 offers a 8.24% rental yield on a $259,000 purchase with $1,778/mo rent. Total monthly income registers $1,778/mo, and a $1,268/mo payment leaves $227/mo available for distribution. Annual cash flow reaches $2,727/yr on $85,859 to close, and return on cash invested stands at 23.09% in year one. Equity gained on principal adds $1,671/yr while 5% annual appreciation supports $71,557 over five years. Portfolio math shows five-year ROI at 119.64% and total cumulative return in cash at $102,724. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,778/mo property income against a $1,268/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37774, Loudon, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,757 (100%) |
| Owner Occupied HU | 8,181 (76.1%) |
| Renter Occupied HU | 1,618 (15.0%) |
| Vacant Housing Units | 958 ( 8.9%) |
| Median Home Value | $402,974 |
| Average Home Value | $516,673 |
Housing Distribution
Address Breakdown
Residential
11,276
Single Family
11,251
Multi-Family
25
Businesses
577
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Listed by: Teri Jo Fox • The Knox Fox Real Estate Group
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1294730
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.