315 Lick Creek RdBig SandyTN38221
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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 Big Sandy at 315 Lick Creek Rd, Big Sandy, TN, 38221 priced at $179,900 converts $1,620/mo rent into $543/mo cash flow after a $881/mo obligation. Total monthly income equals $1,620/mo, and annual cash flow totals $6,511/yr on $59,637 invested. Return on cash invested prints 30.83% in year one, and rental yield reads 10.81% against a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation compiles into $49,703 by year five. Five-year ROI reaches 161.15% and total cumulative return in cash sums $96,105. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,620/mo property income covering a $881/mo payment, not borrower’s personal income.
Single Family
Built in 1967
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38221, Big Sandy, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,881 (100%) |
| Owner Occupied HU | 1,194 (63.5%) |
| Renter Occupied HU | 250 (13.3%) |
| Vacant Housing Units | 437 (23.2%) |
| Median Home Value | $159,551 |
| Average Home Value | $268,545 |
Housing Distribution
Address Breakdown
Residential
1,626
Single Family
1,626
Multi-Family
0
Businesses
49
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Listed by: Shirley Robins • Patriot Realty USA, LLC
Mls Name: Tennessee Valley MLS
Mls Provider:
Mls ID: #134199
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