250 Ollis RdOliver SpringsTN37840
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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
Rental property for sale in Oliver Springs at 250 Ollis Rd, Oliver Springs, TN, 37840 priced at $425,000 pairs $1,860/mo rent with after a $2,080/mo payment. Total monthly income equals $1,860/mo. Return on cash invested is 14.08% in year one, and rental yield stands at 5.25% on a $425,000 basis. Equity gained on principal adds $2,742/yr, and 5% annual appreciation accumulates to $117,420 by year five. Five-year ROI measures 71.35% and total cumulative return in cash reaches $100,529. For financing, Ziffy Mortgage’s DSCR program evaluates $1,860/mo property income against a $2,080/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1988
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37840, Oliver Springs, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,631 (100%) |
| Owner Occupied HU | 3,358 (72.5%) |
| Renter Occupied HU | 867 (18.7%) |
| Vacant Housing Units | 406 ( 8.8%) |
| Median Home Value | $230,370 |
| Average Home Value | $294,031 |
Housing Distribution
Address Breakdown
Residential
4,142
Single Family
4,142
Multi-Family
0
Businesses
259
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Listed by: Tyler Owens • Honors Real Estate Services LLC
Mls Name: East Tennessee Realtors
Mls ID: #1320123