22 Meadowlark CirFairfield GladeTN38558
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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 Fairfield Glade at 22 Meadowlark Cir, Fairfield Glade, TN, 38558 priced at $1,050,000 pairs $3,548/mo rent with after a $5,139/mo payment. Total monthly income equals $3,548/mo. Return on cash invested is 10.71% in year one, and rental yield stands at 4.05% on a $1,050,000 basis. Equity gained on principal adds $6,775/yr, and 5% annual appreciation accumulates to $290,096 by year five. Five-year ROI measures 53.17% and total cumulative return in cash reaches $180,869. For financing, Ziffy Mortgage’s DSCR program evaluates $3,548/mo property income against a $5,139/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1988
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38558, Crossville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,862 (100%) |
| Owner Occupied HU | 4,606 (78.6%) |
| Renter Occupied HU | 511 ( 8.7%) |
| Vacant Housing Units | 745 (12.7%) |
| Median Home Value | $349,686 |
| Average Home Value | $405,264 |
Housing Distribution
Address Breakdown
Residential
5,740
Single Family
5,524
Multi-Family
216
Businesses
87
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Listed by: Sasha Hall • Keller Williams Signature
Mls Name: East Tennessee Realtors
Mls ID: #1308732