206 Old Citico Rd LOT 40VonoreTN37885
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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 Vonore at 206 Old Citico Rd LOT 40, Vonore, TN, 37885 uses $59,637 cash to close to unlock $3,355/yr annual cash flow and $280/mo monthly cash flow. Total monthly income runs $1,357/mo, and a $881/mo payment keeps the spread at $280/mo. Purchase price stands at $179,900, and rental yield measures 9.05% with $1,357/mo rent. Return on cash invested shows 25.54% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 132.78% and total cumulative return in cash records $79,185. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,357/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1990
1.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37885, Vonore, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,210 (100%) |
| Owner Occupied HU | 2,386 (74.3%) |
| Renter Occupied HU | 483 (15.0%) |
| Vacant Housing Units | 341 (10.6%) |
| Median Home Value | $393,593 |
| Average Home Value | $461,332 |
Housing Distribution
Address Breakdown
Residential
3,041
Single Family
3,041
Multi-Family
0
Businesses
206
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