50 Gracy DrSpringvilleTN38256
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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 Springville at 50 Gracy Dr, Springville, TN, 38256 uses $47,902 cash to close to unlock $2,031/yr annual cash flow and $169/mo monthly cash flow. Total monthly income runs $1,034/mo, and a $707/mo payment keeps the spread at $169/mo. Purchase price stands at $144,500, and rental yield measures 8.59% with $1,034/mo rent. Return on cash invested shows 24.15% in year one, and 5% annual appreciation builds toward $39,923 over five years. Five-year ROI reaches 125.4% and total cumulative return in cash records $60,067. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,034/mo property income covering a $707/mo payment rather than investor’s personal income.
Single Family
Built in 1964
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38256, Springville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,026 (100%) |
| Owner Occupied HU | 1,321 (43.7%) |
| Renter Occupied HU | 266 ( 8.8%) |
| Vacant Housing Units | 1,439 (47.6%) |
| Median Home Value | $216,304 |
| Average Home Value | $304,667 |
Housing Distribution
Address Breakdown
Residential
2,301
Single Family
2,301
Multi-Family
0
Businesses
62
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Listed by: Jerry Gaylord • Moody Realty Company, Inc.
Mls Name: Tennessee Valley MLS
Mls ID: #135150