273 Fairford LnBlountvilleTN37617
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 Blountville at 273 Fairford Ln, Blountville, TN, 37617 uses $62,952 cash to close to unlock $3,548/yr annual cash flow and $296/mo monthly cash flow. Total monthly income runs $1,432/mo, and a $929/mo payment keeps the spread at $296/mo. Purchase price stands at $189,900, and rental yield measures 9.05% with $1,432/mo rent. Return on cash invested shows 25.55% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 132.81% and total cumulative return in cash records $83,609. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,432/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37617, Blountville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,295 (100%) |
| Owner Occupied HU | 4,707 (74.8%) |
| Renter Occupied HU | 1,101 (17.5%) |
| Vacant Housing Units | 487 ( 7.7%) |
| Median Home Value | $317,271 |
| Average Home Value | $357,442 |
Housing Distribution
Address Breakdown
Residential
6,171
Single Family
6,171
Multi-Family
0
Businesses
559
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Leonard • Earl Webb Real Estate
Mls Name: TVRMLS
Mls ID: #9989885