2405 Huckleberry DrLouisvilleTN37777
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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 Louisville at 2405 Huckleberry Dr, Louisville, TN, 37777 uses $99,119 cash to close to unlock $4,531/yr annual cash flow and $378/mo monthly cash flow. Total monthly income runs $2,167/mo, and a $1,463/mo payment keeps the spread at $378/mo. Purchase price stands at $299,000, and rental yield measures 8.7% with $2,167/mo rent. Return on cash invested shows 24.48% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 127.11% and total cumulative return in cash records $125,986. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,167/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 1967
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37777, Louisville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,597 (100%) |
| Owner Occupied HU | 3,640 (55.2%) |
| Renter Occupied HU | 2,159 (32.7%) |
| Vacant Housing Units | 798 (12.1%) |
| Median Home Value | $404,970 |
| Average Home Value | $610,345 |
Housing Distribution
Address Breakdown
Residential
5,899
Single Family
5,899
Multi-Family
0
Businesses
364
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Listed by: Rachel Ray Honeycutt • Realty Executive Associates Downtown
Mls Name: East Tennessee Realtors
Mls ID: #1326243