672 Waters Edge Way LOT 76Tracy CityTN37387
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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
Rental property for sale in Tracy City at 672 Waters Edge Way LOT 76, Tracy City, TN, 37387 generates $979/mo in rent, after a $1,502/mo payment. Total monthly income is $979/mo. Return on cash invested sits at 9.79% in year one, and rental yield is 3.83% on a $306,800 entry. Equity gained on principal adds $1,980/yr, while 5% annual appreciation builds toward $84,763 over five years. Five-year ROI reaches 48.33% and total cumulative return in cash sums $49,151. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $979/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37387, Tracy City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,944 (100%) |
| Owner Occupied HU | 1,309 (67.3%) |
| Renter Occupied HU | 404 (20.8%) |
| Vacant Housing Units | 231 (11.9%) |
| Median Home Value | $157,825 |
| Average Home Value | $205,718 |
Housing Distribution
Address Breakdown
Residential
1,388
Single Family
1,388
Multi-Family
0
Businesses
144
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A