373 Lindsey Mill CirLake CityTN37769
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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 Lake City at 373 Lindsey Mill Cir, Lake City, TN, 37769 earns from $1,158/mo rent with a $3,734/mo payment. Total monthly income totals $1,158/mo. ROI tracks 3.76% on current figures, and rental yield reads 1.82% at a $762,800 purchase. Equity gained on principal adds $4,922/yr, and 5% annual appreciation supports $210,748 over five years. Five-year ROI reaches 15.96% and total cumulative return in cash sums $40,048. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,158/mo property income instead of your personal income.
Single Family
Built in 2020
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37769, Lake City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,740 (100%) |
| Owner Occupied HU | 1,726 (63.0%) |
| Renter Occupied HU | 707 (25.8%) |
| Vacant Housing Units | 307 (11.2%) |
| Median Home Value | $316,915 |
| Average Home Value | $337,371 |
Housing Distribution
Address Breakdown
Residential
2,294
Single Family
2,249
Multi-Family
45
Businesses
139
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