501 Pin Hook RdSpring CityTN37381
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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 Spring City at 501 Pin Hook Rd, Spring City, TN, 37381 uses $99,417 cash to close to unlock $1,219/yr annual cash flow and $102/mo monthly cash flow. Total monthly income runs $1,897/mo, and a $1,468/mo payment keeps the spread at $102/mo. Purchase price stands at $299,900, and rental yield measures 7.59% with $1,897/mo rent. Return on cash invested shows 21.14% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 109.16% and total cumulative return in cash records $108,520. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,897/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1997
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37381, Spring City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,166 (100%) |
| Owner Occupied HU | 3,219 (62.3%) |
| Renter Occupied HU | 818 (15.8%) |
| Vacant Housing Units | 1,129 (21.9%) |
| Median Home Value | $277,466 |
| Average Home Value | $330,309 |
Housing Distribution
Address Breakdown
Residential
4,499
Single Family
4,468
Multi-Family
31
Businesses
198
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Listed by: Susan Crockett • Blue Key Properties, LLC - Spring City
Mls Name: RCAR
Mls ID: #20260180