661 Hamilton TrlPiney FlatsTN37686
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Piney Flats at 661 Hamilton Trl, Piney Flats, TN, 37686 offers $2,554/mo rent that, after a $3,421/mo payment. Total monthly income is $2,554/mo. Return on cash invested measures 11.55% in year one, and rental yield stands at 4.38% at a $699,000 entry. Equity gained on principal adds $4,511/yr while 5% annual appreciation compounds into $193,121 by year five. Five-year ROI records 57.73% and total cumulative return in cash reaches $132,770. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,554/mo property income versus a $3,421/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
8.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37686, Piney Flats, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,293 (100%) |
| Owner Occupied HU | 2,969 (69.2%) |
| Renter Occupied HU | 890 (20.7%) |
| Vacant Housing Units | 434 (10.1%) |
| Median Home Value | $341,261 |
| Average Home Value | $382,217 |
Housing Distribution
Address Breakdown
Residential
4,122
Single Family
4,122
Multi-Family
0
Businesses
267
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Micki Hess • Property Executives Johnson City
Mls Name: TVRMLS
Mls ID: #9983003