246 Akins RdTellico PlainsTN37385
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 Tellico Plains at 246 Akins Rd, Tellico Plains, TN, 37385 at $499,000 posts ROI 15.06% with from $2,318/mo rent. Total monthly income equals $2,318/mo. Return on cash invested measures 15.06% and rental yield reads 5.57% at the current $499,000. Equity gained on principal adds $3,220/yr, and 5% annual appreciation supports $137,865 by year five. Five-year ROI prints 76.57% and total cumulative return in cash totals $126,666. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,318/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2012
3.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37385, Tellico Plains, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,480 (100%) |
| Owner Occupied HU | 2,969 (66.3%) |
| Renter Occupied HU | 673 (15.0%) |
| Vacant Housing Units | 838 (18.7%) |
| Median Home Value | $259,500 |
| Average Home Value | $359,625 |
Housing Distribution
Address Breakdown
Residential
3,639
Single Family
3,599
Multi-Family
40
Businesses
160
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Nearby investment properties with comparable prices
Listed by: Michelle Swafford • RE/MAX Experience
Mls Name: Greater Chattanooga Realtors
Mls ID: #1524273