662 Waterside Cir #2AndersonvilleTN37705
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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 Andersonville at 662 Waterside Cir #2, Andersonville, TN, 37705 earns from $1,920/mo rent with a $3,817/mo payment. Total monthly income totals $1,920/mo. ROI tracks 7.21% on current figures, and rental yield reads 2.95% at a $779,900 purchase. Equity gained on principal adds $5,033/yr, and 5% annual appreciation supports $215,472 over five years. Five-year ROI reaches 34.42% and total cumulative return in cash sums $88,329. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,920/mo property income instead of your personal income.
Condo
Built in 2009
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37705, Andersonville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,700 (100%) |
| Owner Occupied HU | 1,911 (70.8%) |
| Renter Occupied HU | 330 (12.2%) |
| Vacant Housing Units | 459 (17.0%) |
| Median Home Value | $363,469 |
| Average Home Value | $395,281 |
Housing Distribution
Address Breakdown
Residential
2,119
Single Family
2,050
Multi-Family
69
Businesses
105
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Listed by: Gabe Price • Southland Realtors, Inc
Mls Name: East Tennessee Realtors
Mls ID: #1325869