2255 County Rd #700RicevilleTN37370
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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 Riceville at 2255 County Rd #700, Riceville, TN, 37370 generates $3,480/mo in rent, after a $3,793/mo payment. Total monthly income is $3,480/mo. Return on cash invested sits at 14.61% in year one, and rental yield is 5.39% on a $775,000 entry. Equity gained on principal adds $5,001/yr, while 5% annual appreciation builds toward $214,118 over five years. Five-year ROI reaches 74.09% and total cumulative return in cash sums $188,911. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,480/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
5.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37370, Riceville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,273 (100%) |
| Owner Occupied HU | 1,707 (75.1%) |
| Renter Occupied HU | 383 (16.8%) |
| Vacant Housing Units | 183 ( 8.1%) |
| Median Home Value | $284,069 |
| Average Home Value | $352,374 |
Housing Distribution
Address Breakdown
Residential
2,079
Single Family
2,079
Multi-Family
0
Businesses
74
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