516 Cumberland Estates RdCumberland GapTN37724
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Cumberland Gap at 516 Cumberland Estates Rd, Cumberland Gap, TN, 37724 at $350,000 posts ROI 30.53% with $1,027/mo cash flow from $3,122/mo rent. Total monthly income equals $3,122/mo, and annual cash flow records $12,323/yr on $116,025 to close. Return on cash invested measures 30.53% and rental yield reads 10.7% at the current $350,000. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 by year five. Five-year ROI prints 159.52% and total cumulative return in cash totals $185,078.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,122/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1975
2.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37724, Cumberland Gap, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,481 (100%) |
| Owner Occupied HU | 887 (59.9%) |
| Renter Occupied HU | 379 (25.6%) |
| Vacant Housing Units | 215 (14.5%) |
| Median Home Value | $238,478 |
| Average Home Value | $317,568 |
Housing Distribution
Address Breakdown
Residential
1,398
Single Family
1,267
Multi-Family
131
Businesses
57
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brad Croisdale • Realty Executives Associates
Mls Name: East Tennessee Realtors
Mls ID: #1320904