297 Wells RdPowellTN37849
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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 Powell at 297 Wells Rd, Powell, TN, 37849 with 5% annual appreciation on a $239,000 basis while $1,679/mo rent supports operations. Total monthly income totals $1,679/mo and a $1,170/mo payment preserves $248/mo for cash returns. Annual cash flow comes to $2,977/yr on $79,229 deployed, and return on cash invested reaches 23.67% in year one. Equity gained on principal adds $1,542/yr, and five-year appreciation sums $66,031 alongside rental yield of 8.43%. Five-year ROI measures 122.8% and total cumulative return in cash totals $97,296.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,679/mo property income versus a $1,170/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2022
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37849, Powell, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,442 (100%) |
| Owner Occupied HU | 9,475 (76.2%) |
| Renter Occupied HU | 2,346 (18.9%) |
| Vacant Housing Units | 621 ( 5.0%) |
| Median Home Value | $352,640 |
| Average Home Value | $406,305 |
Housing Distribution
Address Breakdown
Residential
11,591
Single Family
11,169
Multi-Family
422
Businesses
629
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