215 Coal Creek LnRocky TopTN37769
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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 Rocky Top at 215 Coal Creek Ln, Rocky Top, TN, 37769 priced at $198,000 converts $1,681/mo rent into $496/mo cash flow after a $969/mo obligation. Total monthly income equals $1,681/mo, and annual cash flow totals $5,950/yr on $65,637 invested. Return on cash invested prints 28.97% in year one, and rental yield reads 10.19% against a $198,000 entry. Equity gained on principal adds $1,278/yr, while 5% annual appreciation compiles into $54,704 by year five. Five-year ROI reaches 151.2% and total cumulative return in cash sums $99,244. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,681/mo property income covering a $969/mo payment, not borrower’s personal income.
Single Family
Built in 1986
1.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37769, Lake City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,740 (100%) |
| Owner Occupied HU | 1,726 (63.0%) |
| Renter Occupied HU | 707 (25.8%) |
| Vacant Housing Units | 307 (11.2%) |
| Median Home Value | $316,915 |
| Average Home Value | $337,371 |
Housing Distribution
Address Breakdown
Residential
2,294
Single Family
2,249
Multi-Family
45
Businesses
139
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