35 Perry Creek DrCrossvilleTN38572
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Nearby investment properties with comparable prices
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 35 Perry Creek Dr, Crossville, TN, 38572 priced at $415,000 converts $2,820/mo rent into $336/mo cash flow after a $2,031/mo obligation. Total monthly income equals $2,820/mo, and annual cash flow totals $4,032/yr on $137,573 invested. Return on cash invested prints 22.84% in year one, and rental yield reads 8.15% against a $415,000 entry. Equity gained on principal adds $2,678/yr, while 5% annual appreciation compiles into $114,657 by year five. Five-year ROI reaches 118.29% and total cumulative return in cash sums $162,729. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,820/mo property income covering a $2,031/mo payment, not borrower’s personal income.
Single Family
Built in 2023
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38572, Crossville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,908 (100%) |
| Owner Occupied HU | 5,193 (75.2%) |
| Renter Occupied HU | 704 (10.2%) |
| Vacant Housing Units | 1,011 (14.6%) |
| Median Home Value | $272,701 |
| Average Home Value | $312,209 |
Housing Distribution
Address Breakdown
Residential
6,691
Single Family
6,642
Multi-Family
49
Businesses
128
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Listed by: Natalie Saunders • Weichert REALTORS Advantage Plus
Mls Name: East Tennessee Realtors
Mls ID: #1327656