365 County Road 38RicevilleTN37370
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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 Riceville at 365 County Road 38, Riceville, TN, 37370 listed at $399,000 pairs $1,398/mo rent with a $1,953/mo payment. Total monthly income runs $1,398/mo. Return on cash invested measures 10.92% in year one, and rental yield registers 4.2% at a $399,000 basis. Equity gained on principal adds $2,575/yr, and annual property appreciation at 5% supports $110,236 by year five. Five-year ROI tracks 54.4% and total cumulative return in cash totals $71,954. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,398/mo property income relative to a $1,953/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37370, Riceville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,273 (100%) |
| Owner Occupied HU | 1,707 (75.1%) |
| Renter Occupied HU | 383 (16.8%) |
| Vacant Housing Units | 183 ( 8.1%) |
| Median Home Value | $284,069 |
| Average Home Value | $352,374 |
Housing Distribution
Address Breakdown
Residential
2,079
Single Family
2,079
Multi-Family
0
Businesses
74
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