674 E Lincoln RdAlcoaTN37701
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 Alcoa at 674 E Lincoln Rd, Alcoa, TN, 37701 priced at $199,000 converts $1,800/mo rent into $609/mo cash flow after a $974/mo obligation. Total monthly income equals $1,800/mo, and annual cash flow totals $7,305/yr on $65,969 invested. Return on cash invested prints 30.98% in year one, and rental yield reads 10.85% against a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation compiles into $54,980 by year five. Five-year ROI reaches 161.98% and total cumulative return in cash sums $106,854. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,800/mo property income covering a $974/mo payment, not borrower’s personal income.
Single Family
Built in 1945
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37701, Alcoa, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,749 (100%) |
| Owner Occupied HU | 2,526 (53.2%) |
| Renter Occupied HU | 1,891 (39.8%) |
| Vacant Housing Units | 332 ( 7.0%) |
| Median Home Value | $318,413 |
| Average Home Value | $346,636 |
Housing Distribution
Address Breakdown
Residential
3,552
Single Family
3,319
Multi-Family
233
Businesses
815
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices