313 Rugby RdFairfield GladeTN38558
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 Fairfield Glade at 313 Rugby Rd, Fairfield Glade, TN, 38558 offers a 9.32% rental yield on a $194,000 purchase with $1,507/mo rent. Total monthly income registers $1,507/mo, and a $950/mo payment leaves $345/mo available for distribution. Annual cash flow reaches $4,143/yr on $64,311 to close, and return on cash invested stands at 26.35% in year one. Equity gained on principal adds $1,252/yr while 5% annual appreciation supports $53,599 over five years. Portfolio math shows five-year ROI at 137.18% and total cumulative return in cash at $88,220. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,507/mo property income against a $950/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1994
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38558, Crossville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,862 (100%) |
| Owner Occupied HU | 4,606 (78.6%) |
| Renter Occupied HU | 511 ( 8.7%) |
| Vacant Housing Units | 745 (12.7%) |
| Median Home Value | $349,686 |
| Average Home Value | $405,264 |
Housing Distribution
Address Breakdown
Residential
5,740
Single Family
5,524
Multi-Family
216
Businesses
87
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Seth Melton • The Real Estate Collective
Mls Name: UCMLS
Mls ID: #240364