4237 Smoot LnLouisvilleTN37777
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 Louisville at 4237 Smoot Ln, Louisville, TN, 37777 generates $3,494/mo in rent, after a $6,338/mo payment. Total monthly income is $3,494/mo. Return on cash invested sits at 8.19% in year one, and rental yield is 3.24% on a $1,295,000 entry. Equity gained on principal adds $8,356/yr, while 5% annual appreciation builds toward $357,785 over five years. Five-year ROI reaches 39.65% and total cumulative return in cash sums $166,350. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,494/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
0.63 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: Lucas Haun • Keller Williams Signature
Mls Name: East Tennessee Realtors
Mls ID: #1312523