343 Barr RdBlountvilleTN37617
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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 Blountville at 343 Barr Rd, Blountville, TN, 37617 offers $5,761/mo rent that, after a $2,937/mo payment, leaves $2,169/mo cash flow. Total monthly income is $5,761/mo, and annual cash flow is $26,028/yr on $197,400 cash. Return on cash invested measures 33.25% in year one, and rental yield stands at 11.52% at a $599,999 entry. Equity gained on principal adds $3,872/yr while 5% annual appreciation compounds into $165,769 by year five. Five-year ROI records 174.05% and total cumulative return in cash reaches $343,571. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,761/mo property income versus a $2,937/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
1.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37617, Blountville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,295 (100%) |
| Owner Occupied HU | 4,707 (74.8%) |
| Renter Occupied HU | 1,101 (17.5%) |
| Vacant Housing Units | 487 ( 7.7%) |
| Median Home Value | $317,271 |
| Average Home Value | $357,442 |
Housing Distribution
Address Breakdown
Residential
6,171
Single Family
6,171
Multi-Family
0
Businesses
559
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Nearby investment properties with comparable prices
Listed by: Shelley Martin • Prestige Homes of the Tri Cities, Inc.
Mls Name: TVRMLS
Mls ID: #9985495