2511 Sweetwater Vonore RdSweetwaterTN37874
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 Sweetwater at 2511 Sweetwater Vonore Rd, Sweetwater, TN, 37874 offers a 7.88% rental yield on a $159,900 purchase with $1,050/mo rent. Total monthly income registers $1,050/mo, and a $783/mo payment leaves $92/mo available for distribution. Annual cash flow reaches $1,109/yr on $53,007 to close, and return on cash invested stands at 22% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,177 over five years. Portfolio math shows five-year ROI at 113.86% and total cumulative return in cash at $60,354. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,050/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37874, Sweetwater, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,391 (100%) |
| Owner Occupied HU | 5,092 (68.9%) |
| Renter Occupied HU | 1,685 (22.8%) |
| Vacant Housing Units | 614 ( 8.3%) |
| Median Home Value | $221,768 |
| Average Home Value | $282,355 |
Housing Distribution
Address Breakdown
Residential
6,673
Single Family
6,589
Multi-Family
84
Businesses
461
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Listed by: Michael Cansler • Silver Key Realty
Mls Name: East Tennessee Realtors
Mls ID: #1309274