2389 Shady Cove RdCaryvilleTN37714
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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 Caryville at 2389 Shady Cove Rd, Caryville, TN, 37714 offers a 9.4% rental yield on a $129,999 purchase with $1,018/mo rent. Total monthly income registers $1,018/mo, and a $636/mo payment leaves $240/mo available for distribution. Annual cash flow reaches $2,881/yr on $43,095 to close, and return on cash invested stands at 26.59% in year one. Equity gained on principal adds $839/yr while 5% annual appreciation supports $35,916 over five years. Portfolio math shows five-year ROI at 138.57% and total cumulative return in cash at $59,714. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,018/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
1.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37714, Caryville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,319 (100%) |
| Owner Occupied HU | 1,355 (58.4%) |
| Renter Occupied HU | 514 (22.2%) |
| Vacant Housing Units | 450 (19.4%) |
| Median Home Value | $270,146 |
| Average Home Value | $401,269 |
Housing Distribution
Address Breakdown
Residential
1,798
Single Family
1,798
Multi-Family
0
Businesses
85
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