631 Abbey WayFriendsvilleTN37737
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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 Friendsville at 631 Abbey Way, Friendsville, TN, 37737 generates $2,040/mo in rent, after a $3,169/mo payment. Total monthly income is $2,040/mo. Return on cash invested sits at 9.72% in year one, and rental yield is 3.78% on a $647,500 entry. Equity gained on principal adds $4,178/yr, while 5% annual appreciation builds toward $178,892 over five years. Five-year ROI reaches 47.91% and total cumulative return in cash sums $102,057. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,040/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
5.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37737, Friendsville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,081 (100%) |
| Owner Occupied HU | 2,488 (80.8%) |
| Renter Occupied HU | 418 (13.6%) |
| Vacant Housing Units | 175 ( 5.7%) |
| Median Home Value | $372,659 |
| Average Home Value | $465,358 |
Housing Distribution
Address Breakdown
Residential
2,722
Single Family
2,715
Multi-Family
7
Businesses
96
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Listed by: Jessica Self • Realty Executives Associates
Mls Name: East Tennessee Realtors
Mls ID: #1309705