294 Sable RdSpring CityTN37381
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 Spring City at 294 Sable Rd, Spring City, TN, 37381 earns from $900/mo rent with a $1,561/mo payment. Total monthly income totals $900/mo. ROI tracks 8.46% on current figures, and rental yield reads 3.39% at a $319,000 purchase. Equity gained on principal adds $2,058/yr, and 5% annual appreciation supports $88,134 over five years. Five-year ROI reaches 41.16% and total cumulative return in cash sums $43,525. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $900/mo property income instead of your personal income.
Manufactured
Built in 2025
0.70 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Loretta Edgemon • East Tennessee Properties, LLC
Mls Name: Greater Chattanooga Realtors
Mls ID: #1517837