448 Old Lake City HwyRocky TopTN37769
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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 Rocky Top at 448 Old Lake City Hwy, Rocky Top, TN, 37769 earns $598/mo cash flow from $2,034/mo rent with a $1,174/mo payment. Total monthly income totals $2,034/mo, and annual cash flow totals $7,177/yr on $79,527 capital. ROI tracks 28.93% on current figures, and rental yield reads 10.17% at a $239,900 purchase. Equity gained on principal adds $1,548/yr, and 5% annual appreciation supports $66,280 over five years. Five-year ROI reaches 151.02% and total cumulative return in cash sums $120,103. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,034/mo property income instead of your personal income.
Single Family
Built in 1934
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37769, Lake City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,740 (100%) |
| Owner Occupied HU | 1,726 (63.0%) |
| Renter Occupied HU | 707 (25.8%) |
| Vacant Housing Units | 307 (11.2%) |
| Median Home Value | $316,915 |
| Average Home Value | $337,371 |
Housing Distribution
Address Breakdown
Residential
2,294
Single Family
2,249
Multi-Family
45
Businesses
139
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Listed by: Dawn Queener • Walker Realty Group, LLC
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1317909
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. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Eric Young - (865) 378-5282.