61 WoodswayCrossvilleTN38555
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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 Crossville at 61 Woodsway, Crossville, TN, 38555 uses $172,725 cash to close to unlock $15,491/yr annual cash flow and $1,291/mo monthly cash flow. Total monthly income runs $4,434/mo, and a $2,570/mo payment keeps the spread at $1,291/mo. Purchase price stands at $524,999, and rental yield measures 10.13% with $4,434/mo rent. Return on cash invested shows 29.03% in year one, and 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 151.44% and total cumulative return in cash records $261,572. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,434/mo property income covering a $2,570/mo payment rather than investor’s personal income.
Single Family
Built in 1977
3.32 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: AJ Alford • Your Home Sold Guaranteed Real
Mls Name: East Tennessee Realtors
Mls ID: #1317693