2169 Rice Creek RdFlag PondTN37657
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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 Flag Pond at 2169 Rice Creek Rd, Flag Pond, TN, 37657 offers a 4.18% rental yield on a $450,000 purchase with $1,567/mo rent. 84% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 53.95% and total cumulative return in cash at $80,478. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,567/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2012
18.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37657, Flag Pond, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 520 (100%) |
| Owner Occupied HU | 307 (59.0%) |
| Renter Occupied HU | 88 (16.9%) |
| Vacant Housing Units | 125 (24.0%) |
| Median Home Value | $241,288 |
| Average Home Value | $270,106 |
Housing Distribution
Address Breakdown
Residential
465
Single Family
465
Multi-Family
0
Businesses
22
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