505 Spring StMaynardvilleTN37807
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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
Rental property for sale in Maynardville at 505 Spring St, Maynardville, TN, 37807 priced at $150,000 converts $1,408/mo rent into $510/mo cash flow after a $734/mo obligation. Total monthly income equals $1,408/mo, and annual cash flow totals $6,123/yr on $49,725 invested. Return on cash invested prints 32.22% in year one, and rental yield reads 11.26% against a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 168.68% and total cumulative return in cash sums $83,874. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,408/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1936
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37807, Maynardville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,163 (100%) |
| Owner Occupied HU | 3,345 (64.8%) |
| Renter Occupied HU | 979 (19.0%) |
| Vacant Housing Units | 839 (16.3%) |
| Median Home Value | $207,338 |
| Average Home Value | $254,197 |
Housing Distribution
Address Breakdown
Residential
4,463
Single Family
4,390
Multi-Family
73
Businesses
343
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Listed by: Adam Swann • Your Home Sold Guaranteed Real
Mls Name: East Tennessee Realtors
Mls ID: #1312558