289 Deer Meadow CirLa FolletteTN37766
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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
Rental property for sale in La Follette at 289 Deer Meadow Cir, La Follette, TN, 37766 priced at $929,000 pairs $3,701/mo rent with after a $4,547/mo payment. Total monthly income equals $3,701/mo. Return on cash invested is 12.76% in year one, and rental yield stands at 4.78% on a $929,000 basis. Equity gained on principal adds $5,995/yr, and 5% annual appreciation accumulates to $256,666 by year five. Five-year ROI measures 64.18% and total cumulative return in cash reaches $196,172. For financing, Ziffy Mortgage’s DSCR program evaluates $3,701/mo property income against a $4,547/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2007
0.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37766, La Follette, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,924 (100%) |
| Owner Occupied HU | 5,178 (52.2%) |
| Renter Occupied HU | 2,534 (25.5%) |
| Vacant Housing Units | 2,212 (22.3%) |
| Median Home Value | $186,467 |
| Average Home Value | $228,000 |
Housing Distribution
Address Breakdown
Residential
8,526
Single Family
8,132
Multi-Family
394
Businesses
586
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Nearby investment properties with comparable prices
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