246 Main StCopperhillTN37317
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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 Copperhill at 246 Main St, Copperhill, TN, 37317 uses $46,410 cash to close to unlock $3,110/yr annual cash flow and $259/mo monthly cash flow. Total monthly income runs $1,097/mo, and a $685/mo payment keeps the spread at $259/mo. Purchase price stands at $140,000, and rental yield measures 9.4% with $1,097/mo rent. Return on cash invested shows 26.61% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 138.59% and total cumulative return in cash records $64,318. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,097/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1941
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37317, Copperhill, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,728 (100%) |
| Owner Occupied HU | 1,079 (62.4%) |
| Renter Occupied HU | 268 (15.5%) |
| Vacant Housing Units | 381 (22.0%) |
| Median Home Value | $159,956 |
| Average Home Value | $204,710 |
Housing Distribution
Address Breakdown
Residential
1,213
Single Family
1,213
Multi-Family
0
Businesses
140
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Listed by: Keri Conner • Country Corners Realty
Mls Name: NGBOR
Mls ID: #421149