353 Beech Grove LoopSharps ChapelTN37866
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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 Sharps Chapel at 353 Beech Grove Loop, Sharps Chapel, TN, 37866 generates $0/mo in rent, after a $2,619/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -1.78% in year one, and rental yield is 0% on a $535,000 entry. Equity gained on principal adds $3,452/yr, while 5% annual appreciation builds toward $147,811 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37866, Sharps Chapel, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,492 (100%) |
| Owner Occupied HU | 804 (53.9%) |
| Renter Occupied HU | 115 ( 7.7%) |
| Vacant Housing Units | 573 (38.4%) |
| Median Home Value | $317,476 |
| Average Home Value | $373,971 |
Housing Distribution
Address Breakdown
Residential
1,095
Single Family
1,095
Multi-Family
0
Businesses
33
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No similar rental properties found nearby.
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Listed by: Mike Hensley • REMAX PROFESSIONAL'S
Mls Name: East Tennessee Realtors
Mls ID: #1315658