637 Morrell Creek LnBluff CityTN37618
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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 Bluff City at 637 Morrell Creek Ln, Bluff City, TN, 37618 with 5% annual appreciation on a $130,000 basis while $976/mo rent supports operations. Total monthly income totals $976/mo and a $636/mo payment preserves $198/mo for cash returns. Annual cash flow comes to $2,377/yr on $43,095 deployed, and return on cash invested reaches 25.42% in year one. Equity gained on principal adds $839/yr, and five-year appreciation sums $35,917 alongside rental yield of 9.01%. Five-year ROI measures 132.27% and total cumulative return in cash totals $57,003.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $976/mo property income versus a $636/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1910
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37618, Bluff City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,161 (100%) |
| Owner Occupied HU | 4,582 (74.4%) |
| Renter Occupied HU | 979 (15.9%) |
| Vacant Housing Units | 600 ( 9.7%) |
| Median Home Value | $266,573 |
| Average Home Value | $299,559 |
Housing Distribution
Address Breakdown
Residential
5,680
Single Family
5,680
Multi-Family
0
Businesses
245
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Listed by: Sara Banks • Property Executives Johnson City
Mls Name: TVRMLS
Mls ID: #9983614