289 S Shore DrBig SandyTN38221
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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 Big Sandy at 289 S Shore Dr, Big Sandy, TN, 38221 offers $3,164/mo rent that, after a $4,109/mo payment. Total monthly income is $3,164/mo. Return on cash invested measures 11.97% in year one, and rental yield stands at 4.52% at a $839,500 entry. Equity gained on principal adds $5,417/yr while 5% annual appreciation compounds into $231,938 by year five. Five-year ROI records 59.98% and total cumulative return in cash reaches $165,673. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,164/mo property income versus a $4,109/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2012
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38221, Big Sandy, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,881 (100%) |
| Owner Occupied HU | 1,194 (63.5%) |
| Renter Occupied HU | 250 (13.3%) |
| Vacant Housing Units | 437 (23.2%) |
| Median Home Value | $159,551 |
| Average Home Value | $268,545 |
Housing Distribution
Address Breakdown
Residential
1,626
Single Family
1,626
Multi-Family
0
Businesses
49
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Listed by: Jenniffer Townsend • Moody Realty Company, Inc.
Mls Name: Tennessee Valley MLS
Mls Provider:
Mls ID: #131807
Disclaimer: Copyright Tennessee Valley Association of REALTORS. All rights reserved. Some or all of the listings displayed may not belong to the firm whose website is being visited. Information is deemed reliable but not guaranteed.