6206 Jim Fox LnPowellTN37849
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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 Powell at 6206 Jim Fox Ln, Powell, TN, 37849 uses $107,738 cash to close to unlock $5,229/yr annual cash flow and $436/mo monthly cash flow. Total monthly income runs $2,387/mo, and a $1,591/mo payment keeps the spread at $436/mo. Purchase price stands at $325,000, and rental yield measures 8.81% with $2,387/mo rent. Return on cash invested shows 24.76% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 128.64% and total cumulative return in cash records $138,589. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,387/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 2006
6,969 sqft lot
$N/A/sqft
$65 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37849, Powell, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,442 (100%) |
| Owner Occupied HU | 9,475 (76.2%) |
| Renter Occupied HU | 2,346 (18.9%) |
| Vacant Housing Units | 621 ( 5.0%) |
| Median Home Value | $352,640 |
| Average Home Value | $406,305 |
Housing Distribution
Address Breakdown
Residential
11,591
Single Family
11,169
Multi-Family
422
Businesses
629
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Listed by: Nikki Frank • ReMax Preferred Properties, In
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1303873
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Hendrik Van Leesten - (865) 378-5282.