474 Pigeon Springs RdTracy CityTN37387
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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 Tracy City at 474 Pigeon Springs Rd, Tracy City, TN, 37387 with 5% annual appreciation on a $535,000 basis while $2,165/mo rent supports operations. 98% in year one. Equity gained on principal adds $3,452/yr, and five-year appreciation sums $147,811 alongside rental yield of 4.86%. Five-year ROI measures 65.39% and total cumulative return in cash totals $115,096. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,165/mo property income versus a $2,619/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2007
2.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37387, Tracy City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,944 (100%) |
| Owner Occupied HU | 1,309 (67.3%) |
| Renter Occupied HU | 404 (20.8%) |
| Vacant Housing Units | 231 (11.9%) |
| Median Home Value | $157,825 |
| Average Home Value | $205,718 |
Housing Distribution
Address Breakdown
Residential
1,388
Single Family
1,388
Multi-Family
0
Businesses
144
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Listed by: Darlene E Williamson • Century 21 Cumberland Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1520593