730 Shell Creek RdRoan MountainTN37687
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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 Roan Mountain at 730 Shell Creek Rd, Roan Mountain, TN, 37687 priced at $285,000 converts $1,396/mo rent into after a $1,395/mo obligation. Total monthly income equals $1,396/mo. Return on cash invested prints 15.97% in year one, and rental yield reads 5.88% against a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation compiles into $78,740 by year five. Five-year ROI reaches 81.45% and total cumulative return in cash sums $76,950. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,396/mo property income covering a $1,395/mo payment, not borrower’s personal income.
Single Family
Built in 1998
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37687, Roan Mountain, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,696 (100%) |
| Owner Occupied HU | 1,721 (63.8%) |
| Renter Occupied HU | 324 (12.0%) |
| Vacant Housing Units | 651 (24.1%) |
| Median Home Value | $186,265 |
| Average Home Value | $263,318 |
Housing Distribution
Address Breakdown
Residential
2,298
Single Family
2,298
Multi-Family
0
Businesses
110
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Listed by: Lauren Clemson • Property Executives Johnson City
Mls Name: TVRMLS
Mls ID: #9985566