53 River LnCrossvilleTN38555
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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
Rental property for sale in Crossville at 53 River Ln, Crossville, TN, 38555 priced at $475,000 converts $2,957/mo rent into $113/mo cash flow after a $2,325/mo obligation. Total monthly income equals $2,957/mo, and annual cash flow totals $1,362/yr on $157,463 invested. Return on cash invested prints 20.77% in year one, and rental yield reads 7.47% against a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation compiles into $131,234 by year five. Five-year ROI reaches 107.21% and total cumulative return in cash sums $168,823. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,957/mo property income covering a $2,325/mo payment, not borrower’s personal income.
Single Family
Built in 1986
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38555, Crossville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,843 (100%) |
| Owner Occupied HU | 5,611 (57.0%) |
| Renter Occupied HU | 3,284 (33.4%) |
| Vacant Housing Units | 948 ( 9.6%) |
| Median Home Value | $279,190 |
| Average Home Value | $344,374 |
Housing Distribution
Address Breakdown
Residential
9,284
Single Family
8,669
Multi-Family
615
Businesses
1,110
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Listed by: Victor Vasquez • Weichert, Realtors-The Webb Agency
Mls Name: East Tennessee Realtors
Mls ID: #1316780