2622 Snake Hollow RdSneedvilleTN37869
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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 Sneedville at 2622 Snake Hollow Rd, Sneedville, TN, 37869 with 5% annual appreciation on a $269,000 basis while $1,564/mo rent supports operations. 28% in year one. Equity gained on principal adds $1,736/yr, and five-year appreciation sums $74,320 alongside rental yield of 6.98%. Five-year ROI measures 99.24% and total cumulative return in cash totals $88,499. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,564/mo property income versus a $1,317/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
10.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37869, Sneedville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,730 (100%) |
| Owner Occupied HU | 1,678 (61.5%) |
| Renter Occupied HU | 527 (19.3%) |
| Vacant Housing Units | 525 (19.2%) |
| Median Home Value | $150,222 |
| Average Home Value | $193,690 |
Housing Distribution
Address Breakdown
Residential
2,293
Single Family
2,293
Multi-Family
0
Businesses
111
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Listed by: Austin Hicks • Crye-Leike Lakeway Real Estate
Mls Name: Lakeway Area AOR
Mls Provider:
Mls ID: #707286
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.