6 Lakeshore Ct UNIT 105CrossvilleTN38558
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 6 Lakeshore Ct UNIT 105, Crossville, TN, 38558 in Crossville: $1,980/mo in rent, $666/mo net, 10.82% gross yield, all on a $219,500 acquisition. The 2.01 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $60,644 in value, and $2,022/yr in principal paydown steadily builds equity. Projected total cumulative return: $125,922.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 6.2% |
| Monthly Cash Flow | $666 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,980 |
| Total Monthly Debt Service | $1,227 |
| DSCR Ratio | 1.61x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38558, Crossville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,862 (100%) |
| Owner Occupied HU | 4,606 (78.6%) |
| Renter Occupied HU | 511 ( 8.7%) |
| Vacant Housing Units | 745 (12.7%) |
| Median Home Value | $349,686 |
| Average Home Value | $405,264 |
Housing Distribution
Address Breakdown
Residential
5,740
Single Family
5,524
Multi-Family
216
Businesses
87
Nearby investment properties with comparable rents
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
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38558, Crossville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,862 (100%) |
| Owner Occupied HU | 4,606 (78.6%) |
| Renter Occupied HU | 511 ( 8.7%) |
| Vacant Housing Units | 745 (12.7%) |
| Median Home Value | $349,686 |
| Average Home Value | $405,264 |
Housing Distribution
Address Breakdown
Residential
5,740
Single Family
5,524
Multi-Family
216
Businesses
87
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brenda Cates • Weichert Realtors The Webb Age
Mls Name: East Tennessee Realtors
Mls ID: #1313963