319 Ivy Wood LnMountain CityTN37683
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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 Mountain City at 319 Ivy Wood Ln, Mountain City, TN, 37683 offers $2,664/mo rent that, after a $2,995/mo payment. Total monthly income is $2,664/mo. Return on cash invested measures 14.11% in year one, and rental yield stands at 5.22% at a $611,988 entry. Equity gained on principal adds $3,949/yr while 5% annual appreciation compounds into $169,081 by year five. Five-year ROI records 71.42% and total cumulative return in cash reaches $143,791. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,664/mo property income versus a $2,995/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37683, Mountain City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,875 (100%) |
| Owner Occupied HU | 3,735 (63.6%) |
| Renter Occupied HU | 1,284 (21.9%) |
| Vacant Housing Units | 856 (14.6%) |
| Median Home Value | $216,106 |
| Average Home Value | $285,732 |
Housing Distribution
Address Breakdown
Residential
5,507
Single Family
5,426
Multi-Family
81
Businesses
424
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Listed by: Elizabeth Cornett • Ace Realty
Mls Name: TVRMLS
Mls ID: #9985520