523 Frary StAlcoaTN37701
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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 Alcoa at 523 Frary St, Alcoa, TN, 37701 with 5% annual appreciation on a $375,000 basis while $2,319/mo rent supports operations. Total monthly income totals $2,319/mo and a $1,835/mo payment preserves $75/mo for cash returns. Annual cash flow comes to $895/yr on $124,313 deployed, and return on cash invested reaches 20.63% in year one. Equity gained on principal adds $2,420/yr, and five-year appreciation sums $103,606 alongside rental yield of 7.42%. Five-year ROI measures 106.44% and total cumulative return in cash totals $132,315.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,319/mo property income versus a $1,835/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37701, Alcoa, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,749 (100%) |
| Owner Occupied HU | 2,526 (53.2%) |
| Renter Occupied HU | 1,891 (39.8%) |
| Vacant Housing Units | 332 ( 7.0%) |
| Median Home Value | $318,413 |
| Average Home Value | $346,636 |
Housing Distribution
Address Breakdown
Residential
3,552
Single Family
3,319
Multi-Family
233
Businesses
815
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