3421 George Olive RdIron CityTN38463
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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 Iron City at 3421 George Olive Rd, Iron City, TN, 38463 with 5% annual appreciation on a $599,900 basis while $0/mo rent supports operations. 77% in year one. Equity gained on principal adds $3,871/yr, and five-year appreciation sums $165,741 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $2,936/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
48.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38463, Iron City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,315 (100%) |
| Owner Occupied HU | 977 (74.3%) |
| Renter Occupied HU | 185 (14.1%) |
| Vacant Housing Units | 153 (11.6%) |
| Median Home Value | $193,750 |
| Average Home Value | $234,040 |
Housing Distribution
Address Breakdown
Residential
1,130
Single Family
1,130
Multi-Family
0
Businesses
26
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