355 Norman Creek RdEvensvilleTN37332
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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 Evensville at 355 Norman Creek Rd, Evensville, TN, 37332 at $569,000 posts ROI 16.82% with from $2,900/mo rent. Total monthly income equals $2,900/mo. Return on cash invested measures 16.82% and rental yield reads 6.12% at the current $569,000. Equity gained on principal adds $3,672/yr, and 5% annual appreciation supports $157,204 by year five. Five-year ROI prints 85.95% and total cumulative return in cash totals $160,895. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,900/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2022
6,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37332, Evensville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,248 (100%) |
| Owner Occupied HU | 871 (69.8%) |
| Renter Occupied HU | 228 (18.3%) |
| Vacant Housing Units | 149 (11.9%) |
| Median Home Value | $249,138 |
| Average Home Value | $290,241 |
Housing Distribution
Address Breakdown
Residential
1,236
Single Family
1,236
Multi-Family
0
Businesses
42
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Nearby investment properties with comparable prices
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