317 Rosemary LnPiney FlatsTN37686
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
Rental property for sale in Piney Flats at 317 Rosemary Ln, Piney Flats, TN, 37686 priced at $289,000 converts $1,478/mo rent into after a $1,415/mo obligation. Total monthly income equals $1,478/mo. Return on cash invested prints 16.75% in year one, and rental yield reads 6.14% against a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation compiles into $79,845 by year five. Five-year ROI reaches 85.64% and total cumulative return in cash sums $82,046. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,478/mo property income covering a $1,415/mo payment, not borrower’s personal income.
Single Family
Built in 1970
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37686, Piney Flats, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,293 (100%) |
| Owner Occupied HU | 2,969 (69.2%) |
| Renter Occupied HU | 890 (20.7%) |
| Vacant Housing Units | 434 (10.1%) |
| Median Home Value | $341,261 |
| Average Home Value | $382,217 |
Housing Distribution
Address Breakdown
Residential
4,122
Single Family
4,122
Multi-Family
0
Businesses
267
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ana Negru • Weichert Realtors Saxon Clark KPT
Mls Name: TVRMLS
Mls ID: #9986341