496 Proffitt Ridge RdMooresburgTN37811
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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 Mooresburg at 496 Proffitt Ridge Rd, Mooresburg, TN, 37811 offers a 5.64% rental yield on a $749,000 purchase with $3,518/mo rent. 36% in year one. Equity gained on principal adds $4,833/yr while 5% annual appreciation supports $206,935 over five years. Portfolio math shows five-year ROI at 78.14% and total cumulative return in cash at $192,556. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,518/mo property income against a $3,666/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
8.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37811, Mooresburg, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,188 (100%) |
| Owner Occupied HU | 1,453 (66.4%) |
| Renter Occupied HU | 309 (14.1%) |
| Vacant Housing Units | 426 (19.5%) |
| Median Home Value | $201,674 |
| Average Home Value | $275,406 |
Housing Distribution
Address Breakdown
Residential
1,839
Single Family
1,839
Multi-Family
0
Businesses
45
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Listed by: John Kenney • Century 21 Legacy
Mls Name: East Tennessee Realtors
Mls ID: #1327181