346 Holly Tree DrCrossvilleTN38555
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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 Crossville at 346 Holly Tree Dr, Crossville, TN, 38555 priced at $1,198,000 converts $1,800/mo rent into after a $5,864/mo obligation. Total monthly income equals $1,800/mo. Return on cash invested prints 3.76% in year one, and rental yield reads 1.8% against a $1,198,000 entry. Equity gained on principal adds $7,731/yr, while 5% annual appreciation compiles into $330,985 by year five. Five-year ROI reaches 15.9% and total cumulative return in cash sums $61,699. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,800/mo property income covering a $5,864/mo payment, not borrower’s personal income.
Single Family
Built in 2020
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38555, Crossville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,843 (100%) |
| Owner Occupied HU | 5,611 (57.0%) |
| Renter Occupied HU | 3,284 (33.4%) |
| Vacant Housing Units | 948 ( 9.6%) |
| Median Home Value | $279,190 |
| Average Home Value | $344,374 |
Housing Distribution
Address Breakdown
Residential
9,284
Single Family
8,669
Multi-Family
615
Businesses
1,110
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Listed by: Matt Wilson • Gardens Realty LLC
Mls Name: East Tennessee Realtors
Mls ID: #1314289