218 Burns StAlcoaTN37701
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Alcoa at 218 Burns St, Alcoa, TN, 37701 priced at $219,900 pairs $2,173/mo rent with $857/mo cash flow after a $1,076/mo payment. Total monthly income equals $2,173/mo, and annual cash flow comes to $10,283/yr on $72,897 invested. Return on cash invested is 34.02% in year one, and rental yield stands at 11.86% on a $219,900 basis. Equity gained on principal adds $1,419/yr, and 5% annual appreciation accumulates to $60,754 by year five. Five-year ROI measures 178.22% and total cumulative return in cash reaches $129,916. For financing, Ziffy Mortgage’s DSCR program evaluates $2,173/mo property income against a $1,076/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37701, Alcoa, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,749 (100%) |
| Owner Occupied HU | 2,526 (53.2%) |
| Renter Occupied HU | 1,891 (39.8%) |
| Vacant Housing Units | 332 ( 7.0%) |
| Median Home Value | $318,413 |
| Average Home Value | $346,636 |
Housing Distribution
Address Breakdown
Residential
3,552
Single Family
3,319
Multi-Family
233
Businesses
815
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices