2117 Grey Ridge RdMaryvilleTN37801
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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 Maryville at 2117 Grey Ridge Rd, Maryville, TN, 37801 uses $118,677 cash to close to unlock $5,870/yr annual cash flow and $489/mo monthly cash flow. Total monthly income runs $2,632/mo, and a $1,752/mo payment keeps the spread at $489/mo. Purchase price stands at $358,000, and rental yield measures 8.82% with $2,632/mo rent. Return on cash invested shows 24.86% in year one, and 5% annual appreciation builds toward $98,909 over five years. Five-year ROI reaches 129.12% and total cumulative return in cash records $153,234. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,632/mo property income covering a $1,752/mo payment rather than investor’s personal income.
Single Family
Built in 1958
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37801, Maryville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,245 (100%) |
| Owner Occupied HU | 8,725 (65.9%) |
| Renter Occupied HU | 3,801 (28.7%) |
| Vacant Housing Units | 719 ( 5.4%) |
| Median Home Value | $370,663 |
| Average Home Value | $438,397 |
Housing Distribution
Address Breakdown
Residential
13,699
Single Family
13,220
Multi-Family
479
Businesses
871
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