45 Glenn DrMadisonvilleTN37354
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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 Madisonville at 45 Glenn Dr, Madisonville, TN, 37354 uses $84,499 cash to close to unlock $1,845/yr annual cash flow and $154/mo monthly cash flow. Total monthly income runs $1,680/mo, and a $1,248/mo payment keeps the spread at $154/mo. Purchase price stands at $254,900, and rental yield measures 7.91% with $1,680/mo rent. Return on cash invested shows 22.09% in year one, and 5% annual appreciation builds toward $70,424 over five years. Five-year ROI reaches 114.31% and total cumulative return in cash records $96,588. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,680/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 2002
1.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37354, Madisonville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,141 (100%) |
| Owner Occupied HU | 5,449 (66.9%) |
| Renter Occupied HU | 1,982 (24.3%) |
| Vacant Housing Units | 710 ( 8.7%) |
| Median Home Value | $230,365 |
| Average Home Value | $262,682 |
Housing Distribution
Address Breakdown
Residential
7,617
Single Family
7,601
Multi-Family
16
Businesses
566
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Listed by: Jackie Crumpton • Tennessee Mountain Real Estate
Mls Name: East Tennessee Realtors
Mls ID: #1317749