3084 Sherm Mountain RdSneedvilleTN37869
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 Sneedville at 3084 Sherm Mountain Rd, Sneedville, TN, 37869 offers a 8.9% rental yield on a $189,900 purchase with $1,409/mo rent. Total monthly income registers $1,409/mo, and a $929/mo payment leaves $273/mo available for distribution. Annual cash flow reaches $3,272/yr on $62,952 to close, and return on cash invested stands at 25.11% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 130.45% and total cumulative return in cash at $82,121. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,409/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37869, Sneedville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,730 (100%) |
| Owner Occupied HU | 1,678 (61.5%) |
| Renter Occupied HU | 527 (19.3%) |
| Vacant Housing Units | 525 (19.2%) |
| Median Home Value | $150,222 |
| Average Home Value | $193,690 |
Housing Distribution
Address Breakdown
Residential
2,293
Single Family
2,293
Multi-Family
0
Businesses
111
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Justin Trent • Crye-Leike Lakeway Real Estate
Mls Name: Lakeway Area AOR
Mls Provider:
Mls ID: #707684
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.