247 Lakeview LnAndersonvilleTN37705
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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
Total monthly income runs $2,436/mo, and a $2,374/mo payment. Purchase price stands at $485,000, and rental yield measures 6.03% with $2,436/mo rent. Return on cash invested shows 16.42% in year one, and 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 83.87% and total cumulative return in cash records $134,846. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,436/mo property income covering a $2,374/mo payment rather than investor’s personal income.
Single Family
Built in 1994
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37705, Andersonville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,700 (100%) |
| Owner Occupied HU | 1,911 (70.8%) |
| Renter Occupied HU | 330 (12.2%) |
| Vacant Housing Units | 459 (17.0%) |
| Median Home Value | $363,469 |
| Average Home Value | $395,281 |
Housing Distribution
Address Breakdown
Residential
2,119
Single Family
2,050
Multi-Family
69
Businesses
105
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Listed by: Bethany Fritts • Alco Builders & Realty Co
Mls Name: East Tennessee Realtors
Mls ID: #1323140