557 Valley AveErwinTN37650
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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 Erwin at 557 Valley Ave, Erwin, TN, 37650 with 5% annual appreciation on a $499,999 basis while $2,315/mo rent supports operations. Equity gained on principal adds $3,226/yr, and five-year appreciation sums $138,141 alongside rental yield of 5.56%. Five-year ROI measures 76.28% and total cumulative return in cash totals $126,439. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,315/mo property income versus a $2,447/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37650, Erwin, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,893 (100%) |
| Owner Occupied HU | 3,794 (64.4%) |
| Renter Occupied HU | 1,407 (23.9%) |
| Vacant Housing Units | 692 (11.7%) |
| Median Home Value | $166,334 |
| Average Home Value | $212,859 |
Housing Distribution
Address Breakdown
Residential
5,713
Single Family
5,606
Multi-Family
107
Businesses
446
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