3309 High Pointe WayLouisvilleTN37777
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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 Louisville at 3309 High Pointe Way, Louisville, TN, 37777 offers a 2.64% rental yield on a $1,200,000 purchase with $2,640/mo rent. 35% in year one. Equity gained on principal adds $7,743/yr while 5% annual appreciation supports $331,538 over five years. Portfolio math shows five-year ROI at 29.74% and total cumulative return in cash at $115,643. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,640/mo property income against a $5,873/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37777, Louisville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,597 (100%) |
| Owner Occupied HU | 3,640 (55.2%) |
| Renter Occupied HU | 2,159 (32.7%) |
| Vacant Housing Units | 798 (12.1%) |
| Median Home Value | $404,970 |
| Average Home Value | $610,345 |
Housing Distribution
Address Breakdown
Residential
5,899
Single Family
5,899
Multi-Family
0
Businesses
364
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Listed by: Laura Hall • Realty Executives Associates
Mls Name: East Tennessee Realtors
Mls ID: #1326587