2588 Carters Valley RdSurgoinsvilleTN37873
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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 Surgoinsville at 2588 Carters Valley Rd, Surgoinsville, TN, 37873 offers a 3.41% rental yield on a $475,000 purchase with $1,351/mo rent. 53% in year one. Equity gained on principal adds $3,065/yr while 5% annual appreciation supports $131,234 over five years. Portfolio math shows five-year ROI at 41.58% and total cumulative return in cash at $65,479. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,351/mo property income against a $2,325/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 2002
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37873, Surgoinsville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,126 (100%) |
| Owner Occupied HU | 1,515 (71.3%) |
| Renter Occupied HU | 360 (16.9%) |
| Vacant Housing Units | 251 (11.8%) |
| Median Home Value | $175,310 |
| Average Home Value | $198,675 |
Housing Distribution
Address Breakdown
Residential
1,898
Single Family
1,898
Multi-Family
0
Businesses
106
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Listed by: Holly Humphrey • Summit Properties
Mls Name: TVRMLS
Mls ID: #9983966