24 Wicklow Dr LOT 14-15CrossvilleTN38572
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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 Crossville at 24 Wicklow Dr LOT 14-15, Crossville, TN, 38572 offers a 13.23% rental yield on a $185,000 purchase with $2,040/mo rent. Total monthly income registers $2,040/mo, and a $905/mo payment leaves $916/mo available for distribution. Annual cash flow reaches $10,996/yr on $61,328 to close, and return on cash invested stands at 37.84% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 198.88% and total cumulative return in cash at $121,971. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,040/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1991
0.60 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38572, Crossville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,908 (100%) |
| Owner Occupied HU | 5,193 (75.2%) |
| Renter Occupied HU | 704 (10.2%) |
| Vacant Housing Units | 1,011 (14.6%) |
| Median Home Value | $272,701 |
| Average Home Value | $312,209 |
Housing Distribution
Address Breakdown
Residential
6,691
Single Family
6,642
Multi-Family
49
Businesses
128
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Listed by: Lori M Buck • HIGHLANDS ELITE REAL ESTATE
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2688319
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