434 Furrow DrMorristownTN37813
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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 Morristown at 434 Furrow Dr, Morristown, TN, 37813 with 5% annual appreciation on a $353,825 basis while $3,371/mo rent supports operations. Total monthly income totals $3,371/mo and a $1,732/mo payment preserves $1,203/mo for cash returns. Annual cash flow comes to $14,433/yr on $117,293 deployed, and return on cash invested reaches 32.21% in year one. Equity gained on principal adds $2,283/yr, and five-year appreciation sums $97,755 alongside rental yield of 11.43%. Five-year ROI measures 168.74% and total cumulative return in cash totals $197,919.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,371/mo property income versus a $1,732/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
7,405 sqft lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37813, Morristown, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,285 (100%) |
| Owner Occupied HU | 4,608 (55.6%) |
| Renter Occupied HU | 2,984 (36.0%) |
| Vacant Housing Units | 693 ( 8.4%) |
| Median Home Value | $219,848 |
| Average Home Value | $272,801 |
Housing Distribution
Address Breakdown
Residential
7,862
Single Family
7,620
Multi-Family
242
Businesses
747
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Listed by: Tracey Stettler • D.R. Horton
Mls Name: Lakeway Area AOR
Mls Provider:
Mls ID: #709305
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.