4042 Riverpoint WayLouisvilleTN37777
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 Louisville at 4042 Riverpoint Way, Louisville, TN, 37777 with 5% annual appreciation on a $1,370,000 basis while $4,134/mo rent supports operations. 38% in year one. Equity gained on principal adds $8,840/yr, and five-year appreciation sums $378,506 alongside rental yield of 3.62%. Five-year ROI measures 45.99% and total cumulative return in cash totals $204,141. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,134/mo property income versus a $6,705/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1994
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37777, Louisville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,597 (100%) |
| Owner Occupied HU | 3,640 (55.2%) |
| Renter Occupied HU | 2,159 (32.7%) |
| Vacant Housing Units | 798 (12.1%) |
| Median Home Value | $404,970 |
| Average Home Value | $610,345 |
Housing Distribution
Address Breakdown
Residential
5,899
Single Family
5,899
Multi-Family
0
Businesses
364
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Teresa Luttrell • ReMax Preferred Properties, Inc
Mls Name: East Tennessee Realtors
Mls ID: #1325677