5132 Lost Creek DrMorristownTN37813
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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 Morristown at 5132 Lost Creek Dr, Morristown, TN, 37813 offers $2,034/mo rent that, after a $1,630/mo payment. Total monthly income is $2,034/mo. Return on cash invested measures 19.81% in year one, and rental yield stands at 7.33% at a $332,940 entry. Equity gained on principal adds $2,148/yr while 5% annual appreciation compounds into $91,985 by year five. Five-year ROI records 102.23% and total cumulative return in cash reaches $112,834. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,034/mo property income versus a $1,630/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
7,405 sqft lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37813, Morristown, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,285 (100%) |
| Owner Occupied HU | 4,608 (55.6%) |
| Renter Occupied HU | 2,984 (36.0%) |
| Vacant Housing Units | 693 ( 8.4%) |
| Median Home Value | $219,848 |
| Average Home Value | $272,801 |
Housing Distribution
Address Breakdown
Residential
7,862
Single Family
7,620
Multi-Family
242
Businesses
747
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Listed by: Darlene Slone • D.R. Horton
Mls Name: Lakeway Area AOR
Mls Provider:
Mls ID: #707524
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.