4499 Highway 190GleasonTN38229
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 4.39% gross rental yield, 4499 Highway 190, Gleason, TN, 38229 in Gleason is priced for capital growth, not immediate cash flow. The $275,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $75,977 by year five, with $2,533/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.81) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $62,811.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 4.4% | 6.2% |
| Monthly Cash Flow | $(641) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,006 |
| Total Monthly Debt Service | $1,537 |
| DSCR Ratio | 0.65x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2014
19.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38229, Gleason, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,240 (100%) |
| Owner Occupied HU | 854 (68.9%) |
| Renter Occupied HU | 283 (22.8%) |
| Vacant Housing Units | 103 ( 8.3%) |
| Median Home Value | $166,883 |
| Average Home Value | $187,810 |
Housing Distribution
Address Breakdown
Residential
1,129
Single Family
1,129
Multi-Family
0
Businesses
68
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
Manufactured
Built in 2014
19.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38229, Gleason, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,240 (100%) |
| Owner Occupied HU | 854 (68.9%) |
| Renter Occupied HU | 283 (22.8%) |
| Vacant Housing Units | 103 ( 8.3%) |
| Median Home Value | $166,883 |
| Average Home Value | $187,810 |
Housing Distribution
Address Breakdown
Residential
1,129
Single Family
1,129
Multi-Family
0
Businesses
68
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeff Phifer • Landmark Realty and Auction
Mls Name: Tennessee Valley MLS
Mls Provider:
Mls ID: #134316
Disclaimer: Copyright Tennessee Valley Association of REALTORS. All rights reserved. Some or all of the listings displayed may not belong to the firm whose website is being visited. Information is deemed reliable but not guaranteed.