3773 Lacy Leaf LnApisonTN37302
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 Apison at 3773 Lacy Leaf Ln, Apison, TN, 37302 generates $4,303/mo in rent, after a $3,517/mo payment. Total monthly income is $4,303/mo. Return on cash invested sits at 19.77% in year one, and rental yield is 7.19% on a $718,500 entry. Equity gained on principal adds $4,636/yr, while 5% annual appreciation builds toward $198,508 over five years. Five-year ROI reaches 101.93% and total cumulative return in cash sums $240,940. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,303/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
0.51 Acres lot
$N/A/sqft
$700 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37302, Apison, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,162 (100%) |
| Owner Occupied HU | 1,671 (77.3%) |
| Renter Occupied HU | 373 (17.3%) |
| Vacant Housing Units | 118 ( 5.5%) |
| Median Home Value | $465,858 |
| Average Home Value | $509,194 |
Housing Distribution
Address Breakdown
Residential
2,118
Single Family
2,118
Multi-Family
0
Businesses
65
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Listed by: Rhonda Byrd • Century 21 Prestige
Mls Name: Greater Chattanooga Realtors
Mls ID: #1513429
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