500 Old Furnace RdTellico PlainsTN37385
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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 Tellico Plains at 500 Old Furnace Rd, Tellico Plains, TN, 37385 offers a 7.22% rental yield on a $225,000 purchase with $1,354/mo rent. Total monthly income registers $1,354/mo, and a $1,101/mo payment leaves $7/mo available for distribution. Annual cash flow reaches $88/yr on $74,588 to close, and return on cash invested stands at 20.03% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 103.24% and total cumulative return in cash at $77,001. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,354/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37385, Tellico Plains, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,480 (100%) |
| Owner Occupied HU | 2,969 (66.3%) |
| Renter Occupied HU | 673 (15.0%) |
| Vacant Housing Units | 838 (18.7%) |
| Median Home Value | $259,500 |
| Average Home Value | $359,625 |
Housing Distribution
Address Breakdown
Residential
3,639
Single Family
3,599
Multi-Family
40
Businesses
160
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Listed by: Brandon Presley • JD's Realty & Auction, LLC
Mls Name: RCAR
Mls ID: #20260179