2836 Chesney RdFriendsvilleTN37737
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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 Friendsville at 2836 Chesney Rd, Friendsville, TN, 37737 uses $56,322 cash to close to unlock $12,270/yr annual cash flow and $1,023/mo monthly cash flow. Total monthly income runs $2,040/mo, and a $832/mo payment keeps the spread at $1,023/mo. Purchase price stands at $169,900, and rental yield measures 14.41% with $2,040/mo rent. Return on cash invested shows 41.7% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 219.43% and total cumulative return in cash records $123,590. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,040/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1970
1.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37737, Friendsville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,081 (100%) |
| Owner Occupied HU | 2,488 (80.8%) |
| Renter Occupied HU | 418 (13.6%) |
| Vacant Housing Units | 175 ( 5.7%) |
| Median Home Value | $372,659 |
| Average Home Value | $465,358 |
Housing Distribution
Address Breakdown
Residential
2,722
Single Family
2,715
Multi-Family
7
Businesses
96
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Listed by: Randy Susong • Realty Executives Associates
Mls Name: East Tennessee Realtors
Mls ID: #1317863