461 Old Tellico HwyMadisonvilleTN37354
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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 Madisonville at 461 Old Tellico Hwy, Madisonville, TN, 37354 priced at $229,900 pairs $1,680/mo rent with $304/mo cash flow after a $1,125/mo payment. Total monthly income equals $1,680/mo, and annual cash flow comes to $3,648/yr on $76,212 invested. Return on cash invested is 24.7% in year one, and rental yield stands at 8.77% on a $229,900 basis. Equity gained on principal adds $1,484/yr, and 5% annual appreciation accumulates to $63,517 by year five. Five-year ROI measures 128.33% and total cumulative return in cash reaches $97,799. For financing, Ziffy Mortgage’s DSCR program evaluates $1,680/mo property income against a $1,125/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
0.32 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: Joshua Watson • Norman Lee Real Estate
Mls Name: East Tennessee Realtors
Mls ID: #1317416