304 Cumberland View EstsRocky TopTN37769
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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 Rocky Top at 304 Cumberland View Ests, Rocky Top, TN, 37769 offers $2,034/mo rent that, after a $1,455/mo payment, leaves $254/mo cash flow. Total monthly income is $2,034/mo, and annual cash flow is $3,053/yr on $98,555 cash. Return on cash invested measures 23.01% in year one, and rental yield stands at 8.21% at a $297,300 entry. Equity gained on principal adds $1,918/yr while 5% annual appreciation compounds into $82,139 by year five. Five-year ROI records 119.21% and total cumulative return in cash reaches $117,484. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,034/mo property income versus a $1,455/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37769, Lake City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,740 (100%) |
| Owner Occupied HU | 1,726 (63.0%) |
| Renter Occupied HU | 707 (25.8%) |
| Vacant Housing Units | 307 (11.2%) |
| Median Home Value | $316,915 |
| Average Home Value | $337,371 |
Housing Distribution
Address Breakdown
Residential
2,294
Single Family
2,249
Multi-Family
45
Businesses
139
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