277 Cemetery RdSpring CityTN37381
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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 Spring City at 277 Cemetery Rd, Spring City, TN, 37381 uses $51,381 cash to close to unlock $3,177/yr annual cash flow and $265/mo monthly cash flow. Total monthly income runs $1,193/mo, and a $759/mo payment keeps the spread at $265/mo. Purchase price stands at $154,995, and rental yield measures 9.24% with $1,193/mo rent. Return on cash invested shows 26.09% in year one, and 5% annual appreciation builds toward $42,822 over five years. Five-year ROI reaches 135.77% and total cumulative return in cash records $69,758. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,193/mo property income covering a $759/mo payment rather than investor’s personal income.
Single Family
Built in 1981
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37381, Spring City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,166 (100%) |
| Owner Occupied HU | 3,219 (62.3%) |
| Renter Occupied HU | 818 (15.8%) |
| Vacant Housing Units | 1,129 (21.9%) |
| Median Home Value | $277,466 |
| Average Home Value | $330,309 |
Housing Distribution
Address Breakdown
Residential
4,499
Single Family
4,468
Multi-Family
31
Businesses
198
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Listed by: Daniel Demers • Sell Your Home Services, LLC
Mls Name: Greater Chattanooga Realtors
Mls ID: #1510849
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