73 W Norris RdNorrisTN37828
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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 Norris at 73 W Norris Rd, Norris, TN, 37828 at $299,000 posts ROI 19.94% with $3/mo cash flow from $1,792/mo rent. Total monthly income equals $1,792/mo, and annual cash flow records $31/yr on $99,119 to close. Return on cash invested measures 19.94% and rental yield reads 7.19% at the current $299,000. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 by year five. Five-year ROI prints 102.76% and total cumulative return in cash totals $101,854.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,792/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1933
9,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37828, Norris, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 559 (100%) |
| Owner Occupied HU | 394 (70.5%) |
| Renter Occupied HU | 126 (22.5%) |
| Vacant Housing Units | 39 ( 7.0%) |
| Median Home Value | $400,000 |
| Average Home Value | $405,596 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
74
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