424 Sandpiper LnBean StationTN37708
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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
Rental property for sale in Bean Station at 424 Sandpiper Ln, Bean Station, TN, 37708 priced at $489,900 converts $2,647/mo rent into after a $2,398/mo obligation. Total monthly income equals $2,647/mo. Return on cash invested prints 17.8% in year one, and rental yield reads 6.48% against a $489,900 entry. Equity gained on principal adds $3,161/yr, while 5% annual appreciation compiles into $135,350 by year five. Five-year ROI reaches 91.27% and total cumulative return in cash sums $148,229. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,647/mo property income covering a $2,398/mo payment, not borrower’s personal income.
Townhouse
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37708, Bean Station, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,818 (100%) |
| Owner Occupied HU | 2,494 (65.3%) |
| Renter Occupied HU | 618 (16.2%) |
| Vacant Housing Units | 706 (18.5%) |
| Median Home Value | $214,146 |
| Average Home Value | $256,788 |
Housing Distribution
Address Breakdown
Residential
3,290
Single Family
3,290
Multi-Family
0
Businesses
191
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Listed by: John H. Ricker • RE/MAX Real Estate Ten Midtown
Mls Name: Lakeway Area AOR
Mls ID: #708905