409 Heaton StRoan MountainTN37687
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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 Roan Mountain at 409 Heaton St, Roan Mountain, TN, 37687 uses $69,284 cash to close to unlock $8,674/yr annual cash flow and $723/mo monthly cash flow. Total monthly income runs $1,974/mo, and a $1,023/mo payment keeps the spread at $723/mo. Purchase price stands at $209,000, and rental yield measures 11.33% with $1,974/mo rent. Return on cash invested shows 32.43% in year one, and 5% annual appreciation builds toward $57,743 over five years. Five-year ROI reaches 169.72% and total cumulative return in cash records $117,590. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,974/mo property income covering a $1,023/mo payment rather than investor’s personal income.
Single Family
Built in 1963
39 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37687, Roan Mountain, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,696 (100%) |
| Owner Occupied HU | 1,721 (63.8%) |
| Renter Occupied HU | 324 (12.0%) |
| Vacant Housing Units | 651 (24.1%) |
| Median Home Value | $186,265 |
| Average Home Value | $263,318 |
Housing Distribution
Address Breakdown
Residential
2,298
Single Family
2,298
Multi-Family
0
Businesses
110
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