214 Lakeside Estates RdSpringvilleTN38256
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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
Total monthly income runs $2,179/mo, and a $3,421/mo payment. Purchase price stands at $699,000, and rental yield measures 3.74% with $2,179/mo rent. Return on cash invested shows 9.6% in year one, and 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 47.23% and total cumulative return in cash records $108,626. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,179/mo property income covering a $3,421/mo payment rather than investor’s personal income.
Single Family
Built in 2018
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38256, Springville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,026 (100%) |
| Owner Occupied HU | 1,321 (43.7%) |
| Renter Occupied HU | 266 ( 8.8%) |
| Vacant Housing Units | 1,439 (47.6%) |
| Median Home Value | $216,304 |
| Average Home Value | $304,667 |
Housing Distribution
Address Breakdown
Residential
2,301
Single Family
2,301
Multi-Family
0
Businesses
62
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Listed by: David Johnson • Tennessee Realty
Mls Name: CWTAR
Mls ID: #2504479