226 Hannum 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
Investment property for sale in Alcoa at 226 Hannum St, Alcoa, TN, 37701 at $185,600 posts ROI 33.02% with $672/mo cash flow from $1,970/mo rent. Total monthly income equals $1,970/mo, and annual cash flow records $8,068/yr on $61,526 to close. Return on cash invested measures 33.02% and rental yield reads 12.74% at the current $185,600. Equity gained on principal adds $1,198/yr, and 5% annual appreciation supports $51,278 by year five. Five-year ROI prints 174.26% and total cumulative return in cash totals $107,219.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,970/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2005
1 Acres lot
$N/A/sqft
$170 monthly 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
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