625 Cane Creek Mountain RdTellico PlainsTN37385
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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 Tellico Plains at 625 Cane Creek Mountain Rd, Tellico Plains, TN, 37385 generates $4,579/mo in rent, after a $7,782/mo payment. Total monthly income is $4,579/mo. Return on cash invested sits at 8.87% in year one, and rental yield is 3.46% on a $1,590,000 entry. Equity gained on principal adds $10,260/yr, while 5% annual appreciation builds toward $439,288 over five years. Five-year ROI reaches 43.26% and total cumulative return in cash sums $222,836. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,579/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
15.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37385, Tellico Plains, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,480 (100%) |
| Owner Occupied HU | 2,969 (66.3%) |
| Renter Occupied HU | 673 (15.0%) |
| Vacant Housing Units | 838 (18.7%) |
| Median Home Value | $259,500 |
| Average Home Value | $359,625 |
Housing Distribution
Address Breakdown
Residential
3,639
Single Family
3,599
Multi-Family
40
Businesses
160
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Listed by: Suzanne Ogle • Tellico Mountain Realty, LLC
Mls Name: East Tennessee Realtors
Mls ID: #1303239