715 Miller RdPikevilleTN37367
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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 Pikeville at 715 Miller Rd, Pikeville, TN, 37367 offers $1,318/mo rent that, after a $1,170/mo payment. Total monthly income is $1,318/mo. Return on cash invested measures 18.2% in year one, and rental yield stands at 6.62% at a $239,000 entry. Equity gained on principal adds $1,542/yr while 5% annual appreciation compounds into $66,031 by year five. Five-year ROI records 93.45% and total cumulative return in cash reaches $74,040. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,318/mo property income versus a $1,170/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
3.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37367, Pikeville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,691 (100%) |
| Owner Occupied HU | 3,097 (66.0%) |
| Renter Occupied HU | 961 (20.5%) |
| Vacant Housing Units | 633 (13.5%) |
| Median Home Value | $216,071 |
| Average Home Value | $245,873 |
Housing Distribution
Address Breakdown
Residential
4,235
Single Family
4,194
Multi-Family
41
Businesses
289
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