221 W Catoosa Canyon DrCrossvilleTN38571
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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 Crossville at 221 W Catoosa Canyon Dr, Crossville, TN, 38571 offers a 12.75% rental yield on a $219,000 purchase with $2,327/mo rent. Total monthly income registers $2,327/mo, and a $1,072/mo payment leaves $1,016/mo available for distribution. Annual cash flow reaches $12,191/yr on $72,599 to close, and return on cash invested stands at 36.7% in year one. Equity gained on principal adds $1,413/yr while 5% annual appreciation supports $60,506 over five years. Portfolio math shows five-year ROI at 192.61% and total cumulative return in cash at $139,833. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,327/mo property income against a $1,072/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2001
1.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38571, Crossville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,004 (100%) |
| Owner Occupied HU | 5,323 (76.0%) |
| Renter Occupied HU | 1,112 (15.9%) |
| Vacant Housing Units | 569 ( 8.1%) |
| Median Home Value | $307,023 |
| Average Home Value | $329,254 |
Housing Distribution
Address Breakdown
Residential
6,497
Single Family
6,497
Multi-Family
0
Businesses
315
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Nearby investment properties with comparable prices
Listed by: Sissie Turner • Century 21 Realty Group
Mls Name: UCMLS
Mls Provider:
Mls ID: #236685
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