318 Waterside Cir #3AndersonvilleTN37705
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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
Investment property for sale in Andersonville at 318 Waterside Cir #3, Andersonville, TN, 37705 listed at $574,900 pairs $1,920/mo rent with a $2,814/mo payment. Total monthly income runs $1,920/mo. Return on cash invested measures 10.41% in year one, and rental yield registers 4.01% at a $574,900 basis. Equity gained on principal adds $3,710/yr, and annual property appreciation at 5% supports $158,834 by year five. Five-year ROI tracks 51.59% and total cumulative return in cash totals $97,587. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,920/mo property income relative to a $2,814/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2007
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37705, Andersonville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,700 (100%) |
| Owner Occupied HU | 1,911 (70.8%) |
| Renter Occupied HU | 330 (12.2%) |
| Vacant Housing Units | 459 (17.0%) |
| Median Home Value | $363,469 |
| Average Home Value | $395,281 |
Housing Distribution
Address Breakdown
Residential
2,119
Single Family
2,050
Multi-Family
69
Businesses
105
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Listed by: Lora McCarter • MG Rise Real Estate Group
Mls Name: East Tennessee Realtors
Mls ID: #1326483