6650 E Andrew Johnson HwyWhitesburgTN37891
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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 Whitesburg at 6650 E Andrew Johnson Hwy, Whitesburg, TN, 37891 uses $64,643 cash to close to unlock $10,477/yr annual cash flow and $873/mo monthly cash flow. Total monthly income runs $2,040/mo, and a $954/mo payment keeps the spread at $873/mo. Purchase price stands at $195,000, and rental yield measures 12.55% with $2,040/mo rent. Return on cash invested shows 36.12% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 189.55% and total cumulative return in cash records $122,530. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,040/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37891, Whitesburg, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,640 (100%) |
| Owner Occupied HU | 1,158 (70.6%) |
| Renter Occupied HU | 257 (15.7%) |
| Vacant Housing Units | 225 (13.7%) |
| Median Home Value | $228,144 |
| Average Home Value | $255,160 |
Housing Distribution
Address Breakdown
Residential
1,605
Single Family
1,605
Multi-Family
0
Businesses
39
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Listed by: Jackson Bledsoe • Stone Realty & Auction
Mls Name: East Tennessee Realtors
Mls ID: #1316253