301 School StTellico PlainsTN37385
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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
Total monthly income runs $1,194/mo, and a $2,936/mo payment. Purchase price stands at $599,900, and rental yield measures 2.39% with $1,194/mo rent. Return on cash invested shows 5.49% in year one, and 5% annual appreciation builds toward $165,741 over five years. Five-year ROI reaches 25.22% and total cumulative return in cash records $49,780. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,194/mo property income covering a $2,936/mo payment rather than investor’s personal income.
Single Family
Built in 1936
1.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37385, Tellico Plains, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,480 (100%) |
| Owner Occupied HU | 2,969 (66.3%) |
| Renter Occupied HU | 673 (15.0%) |
| Vacant Housing Units | 838 (18.7%) |
| Median Home Value | $259,500 |
| Average Home Value | $359,625 |
Housing Distribution
Address Breakdown
Residential
3,639
Single Family
3,599
Multi-Family
40
Businesses
160
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Listed by: April L Blankinship • Wallace
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3066745