358 Carr StMountain CityTN37683
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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 Mountain City at 358 Carr St, Mountain City, TN, 37683 listed at $259,900 pairs $1,766/mo rent with a $1,272/mo payment to leave $210/mo cash flow. Total monthly income runs $1,766/mo, and annual cash flow reaches $2,523/yr on $86,157 cash to close. Return on cash invested measures 22.84% in year one, and rental yield registers 8.15% at a $259,900 basis. Equity gained on principal adds $1,677/yr, and annual property appreciation at 5% supports $71,806 by year five. Five-year ROI tracks 118.33% and total cumulative return in cash totals $101,950. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,766/mo property income relative to a $1,272/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1979
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37683, Mountain City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,875 (100%) |
| Owner Occupied HU | 3,735 (63.6%) |
| Renter Occupied HU | 1,284 (21.9%) |
| Vacant Housing Units | 856 (14.6%) |
| Median Home Value | $216,106 |
| Average Home Value | $285,732 |
Housing Distribution
Address Breakdown
Residential
5,507
Single Family
5,426
Multi-Family
81
Businesses
424
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Listed by: Jessica Harkness • Foundation Realty Group
Mls Name: TVRMLS
Mls ID: #9986930