375 Old Dandridge PikeStrawberry PlainsTN37871
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Strawberry Plains at 375 Old Dandridge Pike, Strawberry Plains, TN, 37871 offers $1,700/mo rent that, after a $1,410/mo payment. Total monthly income is $1,700/mo. Return on cash invested measures 19.6% in year one, and rental yield stands at 7.08% at a $288,000 entry. Equity gained on principal adds $1,858/yr while 5% annual appreciation compounds into $79,569 by year five. Five-year ROI records 100.94% and total cumulative return in cash reaches $96,372. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,700/mo property income versus a $1,410/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37871, Strawberry Plains, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,139 (100%) |
| Owner Occupied HU | 3,030 (73.2%) |
| Renter Occupied HU | 749 (18.1%) |
| Vacant Housing Units | 360 ( 8.7%) |
| Median Home Value | $273,830 |
| Average Home Value | $359,368 |
Housing Distribution
Address Breakdown
Residential
3,925
Single Family
3,925
Multi-Family
0
Businesses
114
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Aleman-Rivas • Your Home Sold Guaranteed Real
Mls Name: GSMAR, GSMMLS
Mls ID: #308667