712 Lake Point DrPiney FlatsTN37686
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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 Piney Flats at 712 Lake Point Dr, Piney Flats, TN, 37686 priced at $399,999 converts $2,483/mo rent into $88/mo cash flow after a $1,958/mo obligation. Total monthly income equals $2,483/mo, and annual cash flow totals $1,060/yr on $132,600 invested. Return on cash invested prints 20.71% in year one, and rental yield reads 7.45% against a $399,999 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,512 by year five. Five-year ROI reaches 106.88% and total cumulative return in cash sums $141,723. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,483/mo property income covering a $1,958/mo payment, not borrower’s personal income.
Single Family
Built in 2018
0.39 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
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Listed by: Tyler Moncier • Greater Impact Realty Jonesborough
Mls Name: TVRMLS
Mls ID: #9978491
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