23 Old Peavine LnCrossvilleTN38571
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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 Crossville at 23 Old Peavine Ln, Crossville, TN, 38571 generates $1,073/mo in rent, after a $3,421/mo payment. Total monthly income is $1,073/mo. Return on cash invested sits at 3.83% in year one, and rental yield is 1.84% on a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 16.29% and total cumulative return in cash sums $37,466. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,073/mo property income rather than buyer’s personal income.
Multi Family
Built in 2012
4.50 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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Listed by: Tom Parham • Exit Rocky Top Realty
Mls Name: UCMLS
Mls Provider:
Mls ID: #233054
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