380 Buster BlvdLenoir CityTN37772
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
Investment property for sale in Lenoir City at 380 Buster Blvd, Lenoir City, TN, 37772 at $344,990 posts ROI 23.8% with $370/mo cash flow from $2,436/mo rent. Total monthly income equals $2,436/mo, and annual cash flow records $4,445/yr on $114,364 to close. Return on cash invested measures 23.8% and rental yield reads 8.47% at the current $344,990. Equity gained on principal adds $2,226/yr, and 5% annual appreciation supports $95,314 by year five. Five-year ROI prints 123.44% and total cumulative return in cash totals $141,169.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,436/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37772, Lenoir City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,270 (100%) |
| Owner Occupied HU | 4,922 (78.5%) |
| Renter Occupied HU | 962 (15.3%) |
| Vacant Housing Units | 386 ( 6.2%) |
| Median Home Value | $423,321 |
| Average Home Value | $503,598 |
Housing Distribution
Address Breakdown
Residential
6,462
Single Family
6,452
Multi-Family
10
Businesses
265
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christopher Vinson • Your Home Sold Guaranteed Real
Mls Name: East Tennessee Realtors
Mls ID: #1306851