621 Phillips Flats RdOneidaTN37841
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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 Oneida at 621 Phillips Flats Rd, Oneida, TN, 37841 priced at $139,900 pairs $1,368/mo rent with $530/mo cash flow after a $685/mo payment. Total monthly income equals $1,368/mo, and annual cash flow comes to $6,363/yr on $46,377 invested. Return on cash invested is 33.63% in year one, and rental yield stands at 11.73% on a $139,900 basis. Equity gained on principal adds $903/yr, and 5% annual appreciation accumulates to $38,652 by year five. Five-year ROI measures 176.24% and total cumulative return in cash reaches $81,735. For financing, Ziffy Mortgage’s DSCR program evaluates $1,368/mo property income against a $685/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1985
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37841, Oneida, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,371 (100%) |
| Owner Occupied HU | 2,761 (63.2%) |
| Renter Occupied HU | 1,100 (25.2%) |
| Vacant Housing Units | 510 (11.7%) |
| Median Home Value | $163,344 |
| Average Home Value | $220,989 |
Housing Distribution
Address Breakdown
Residential
4,054
Single Family
3,871
Multi-Family
183
Businesses
437
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Listed by: Candy Priestley • Ayers Auction and Real Estate
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1305204
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.