588 Sweeton Hill RdCoalmontTN37313
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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 Coalmont at 588 Sweeton Hill Rd, Coalmont, TN, 37313 offers $1,692/mo rent that, after a $1,591/mo payment. Total monthly income is $1,692/mo. Return on cash invested measures 17.08% in year one, and rental yield stands at 6.25% at a $325,000 entry. Equity gained on principal adds $2,097/yr while 5% annual appreciation compounds into $89,792 by year five. Five-year ROI records 87.46% and total cumulative return in cash reaches $94,225. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,692/mo property income versus a $1,591/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37313, Coalmont, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 587 (100%) |
| Owner Occupied HU | 439 (74.8%) |
| Renter Occupied HU | 81 (13.8%) |
| Vacant Housing Units | 67 (11.4%) |
| Median Home Value | $158,259 |
| Average Home Value | $198,508 |
Housing Distribution
Address Breakdown
Residential
434
Single Family
434
Multi-Family
0
Businesses
42
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