616 Old State Highway 69Sugar TreeTN38380
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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 Sugar Tree at 616 Old State Highway 69, Sugar Tree, TN, 38380 generates $0/mo in rent, after a $1,459/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -1.77% in year one, and rental yield is 0% on a $298,000 entry. Equity gained on principal adds $1,923/yr, while 5% annual appreciation builds toward $82,332 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
5.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38380, Sugar Tree, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 577 (100%) |
| Owner Occupied HU | 223 (38.6%) |
| Renter Occupied HU | 41 ( 7.1%) |
| Vacant Housing Units | 313 (54.2%) |
| Median Home Value | $223,611 |
| Average Home Value | $284,787 |
Housing Distribution
Address Breakdown
Residential
470
Single Family
470
Multi-Family
0
Businesses
13
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Listed by: Chelsea Manning • Clear Choice Realty
Mls Name: CWTAR
Mls ID: #2505099