356 Stults Store RdIron CityTN38463
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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 Iron City at 356 Stults Store Rd, Iron City, TN, 38463 offers a 8.68% rental yield on a $359,000 purchase with $2,598/mo rent. Total monthly income registers $2,598/mo, and a $1,757/mo payment leaves $449/mo available for distribution. Annual cash flow reaches $5,389/yr on $119,009 to close, and return on cash invested stands at 24.44% in year one. Equity gained on principal adds $2,317/yr while 5% annual appreciation supports $99,185 over five years. Portfolio math shows five-year ROI at 126.88% and total cumulative return in cash at $151,003. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,598/mo property income against a $1,757/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2012
8 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38463, Iron City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,315 (100%) |
| Owner Occupied HU | 977 (74.3%) |
| Renter Occupied HU | 185 (14.1%) |
| Vacant Housing Units | 153 (11.6%) |
| Median Home Value | $193,750 |
| Average Home Value | $234,040 |
Housing Distribution
Address Breakdown
Residential
1,130
Single Family
1,130
Multi-Family
0
Businesses
26
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