55 Loving DrSpringvilleTN38256
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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 Springville at 55 Loving Dr, Springville, TN, 38256 priced at $134,900 converts $1,310/mo rent into $503/mo cash flow after a $660/mo obligation. Total monthly income equals $1,310/mo, and annual cash flow totals $6,033/yr on $44,719 invested. Return on cash invested prints 33.4% in year one, and rental yield reads 11.65% against a $134,900 entry. Equity gained on principal adds $870/yr, while 5% annual appreciation compiles into $37,270 by year five. Five-year ROI reaches 174.92% and total cumulative return in cash sums $78,221. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,310/mo property income covering a $660/mo payment, not borrower’s personal income.
Manufactured
Built in 1992
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38256, Springville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,026 (100%) |
| Owner Occupied HU | 1,321 (43.7%) |
| Renter Occupied HU | 266 ( 8.8%) |
| Vacant Housing Units | 1,439 (47.6%) |
| Median Home Value | $216,304 |
| Average Home Value | $304,667 |
Housing Distribution
Address Breakdown
Residential
2,301
Single Family
2,301
Multi-Family
0
Businesses
62
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Listed by: Casey Drewry • Casey Drewry Realty
Mls Name: Tennessee Valley MLS
Mls ID: #135043