26 Parker StMonteagleTN37356
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
Rental property for sale in Monteagle at 26 Parker St, Monteagle, TN, 37356 priced at $324,900 converts $1,020/mo rent into after a $1,590/mo obligation. Total monthly income equals $1,020/mo. Return on cash invested prints 9.61% in year one, and rental yield reads 3.77% against a $324,900 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,764 by year five. Five-year ROI reaches 47.36% and total cumulative return in cash sums $51,005. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,020/mo property income covering a $1,590/mo payment, not borrower’s personal income.
Single Family
Built in 1975
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37356, Monteagle, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,541 (100%) |
| Owner Occupied HU | 908 (58.9%) |
| Renter Occupied HU | 235 (15.2%) |
| Vacant Housing Units | 398 (25.8%) |
| Median Home Value | $274,000 |
| Average Home Value | $288,532 |
Housing Distribution
Address Breakdown
Residential
1,082
Single Family
1,082
Multi-Family
0
Businesses
159
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices