269 Mining Ridge RoadMountain CityTN37683
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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 Mountain City at 269 Mining Ridge Road, Mountain City, TN, 37683 with 5% annual appreciation on a $149,000 basis while $1,200/mo rent supports operations. Total monthly income totals $1,200/mo and a $729/mo payment preserves $308/mo for cash returns. Annual cash flow comes to $3,700/yr on $49,394 deployed, and return on cash invested reaches 27.4% in year one. Equity gained on principal adds $961/yr, and five-year appreciation sums $41,166 alongside rental yield of 9.66%. Five-year ROI measures 142.79% and total cumulative return in cash totals $70,528.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,200/mo property income versus a $729/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2022
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37683, Mountain City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,875 (100%) |
| Owner Occupied HU | 3,735 (63.6%) |
| Renter Occupied HU | 1,284 (21.9%) |
| Vacant Housing Units | 856 (14.6%) |
| Median Home Value | $216,106 |
| Average Home Value | $285,732 |
Housing Distribution
Address Breakdown
Residential
5,507
Single Family
5,426
Multi-Family
81
Businesses
424
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Listed by: Allen Yates • Allen Yates Realty
Mls Name: High Country AOR
Mls ID: #258234