3032 Sagegrass DrLouisvilleTN37777
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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 Louisville at 3032 Sagegrass Dr, Louisville, TN, 37777 listed at $599,900 pairs $3,453/mo rent with a $2,936/mo payment. Total monthly income runs $3,453/mo. Return on cash invested measures 19.22% in year one, and rental yield registers 6.91% at a $599,900 basis. Equity gained on principal adds $3,871/yr, and annual property appreciation at 5% supports $165,741 by year five. Five-year ROI tracks 98.87% and total cumulative return in cash totals $195,136. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,453/mo property income relative to a $2,936/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37777, Louisville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,597 (100%) |
| Owner Occupied HU | 3,640 (55.2%) |
| Renter Occupied HU | 2,159 (32.7%) |
| Vacant Housing Units | 798 (12.1%) |
| Median Home Value | $404,970 |
| Average Home Value | $610,345 |
Housing Distribution
Address Breakdown
Residential
5,899
Single Family
5,899
Multi-Family
0
Businesses
364
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Listed by: Jackie Sue Mills • Realty Executives Associates
Mls Name: East Tennessee Realtors
Mls ID: #1307260