232 Creekwood DrMadisonvilleTN37354
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 Madisonville at 232 Creekwood Dr, Madisonville, TN, 37354 at $429,900 posts ROI 12.39% with from $1,680/mo rent. Total monthly income equals $1,680/mo. Return on cash invested measures 12.39% and rental yield reads 4.69% at the current $429,900. Equity gained on principal adds $2,774/yr, and 5% annual appreciation supports $118,773 by year five. Five-year ROI prints 62.25% and total cumulative return in cash totals $88,711. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,680/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1989
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37354, Madisonville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,141 (100%) |
| Owner Occupied HU | 5,449 (66.9%) |
| Renter Occupied HU | 1,982 (24.3%) |
| Vacant Housing Units | 710 ( 8.7%) |
| Median Home Value | $230,365 |
| Average Home Value | $262,682 |
Housing Distribution
Address Breakdown
Residential
7,617
Single Family
7,601
Multi-Family
16
Businesses
566
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rosemary Quillen • Realty Executives Associates
Mls Name: East Tennessee Realtors
Mls ID: #1324560