634 Bellvue CirSpencerTN38585
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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 Spencer at 634 Bellvue Cir, Spencer, TN, 38585 offers a 0% rental yield on a $235,000 purchase with $0/mo rent. 76% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,926 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38585, Spencer, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,023 (100%) |
| Owner Occupied HU | 1,494 (73.9%) |
| Renter Occupied HU | 287 (14.2%) |
| Vacant Housing Units | 242 (12.0%) |
| Median Home Value | $182,258 |
| Average Home Value | $255,137 |
Housing Distribution
Address Breakdown
Residential
2,008
Single Family
1,983
Multi-Family
25
Businesses
136
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No similar rental properties found nearby.
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Listed by: Greg C Barkley • Fall Creek Falls Realty LLC
Mls Name: Greater Chattanooga Realtors
Mls ID: #1513817
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