616 Lakeview DrFairfield GladeTN38558
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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
Investment Highlights
Investment property for sale in Fairfield Glade at 616 Lakeview Dr, Fairfield Glade, TN, 38558 earns from $3,020/mo rent with a $2,740/mo payment. Total monthly income totals $3,020/mo. ROI tracks 17.9% on current figures, and rental yield reads 6.47% at a $559,900 purchase. Equity gained on principal adds $3,613/yr, and 5% annual appreciation supports $154,690 over five years. Five-year ROI reaches 91.78% and total cumulative return in cash sums $169,066. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,020/mo property income instead of your personal income.
Single Family
Built in 2024
0.30 Acres 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
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Nearby investment properties with comparable prices
Listed by: Olivia McCoy Cobb • Real Estate Professionals of TN
Mls Name: UCMLS
Mls Provider:
Mls ID: #239101
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