248 North StCrossvilleTN38555
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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 248 North St, Crossville, TN, 38555 uses $43,062 cash to close to unlock $2,438/yr annual cash flow and $203/mo monthly cash flow. Total monthly income runs $981/mo, and a $636/mo payment keeps the spread at $203/mo. Purchase price stands at $129,900, and rental yield measures 9.06% with $981/mo rent. Return on cash invested shows 25.57% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 133.05% and total cumulative return in cash records $57,295. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $981/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in 1932
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38555, Crossville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,843 (100%) |
| Owner Occupied HU | 5,611 (57.0%) |
| Renter Occupied HU | 3,284 (33.4%) |
| Vacant Housing Units | 948 ( 9.6%) |
| Median Home Value | $279,190 |
| Average Home Value | $344,374 |
Housing Distribution
Address Breakdown
Residential
9,284
Single Family
8,669
Multi-Family
615
Businesses
1,110
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Listed by: Heather Cowart • Highlands Elite Real Estate LLC - Crvl
Mls Name: UCMLS
Mls ID: #240663