7533 Gary White RdCorrytonTN37721
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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 Corryton at 7533 Gary White Rd, Corryton, TN, 37721 generates $1,839/mo in rent and, after a $1,468/mo payment, leaves $44/mo in cash flow. Total monthly income is $1,839/mo, and annual cash flow is $523/yr on $99,417 invested. Return on cash invested sits at 20.44% in year one, and rental yield is 7.36% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 105.4% and total cumulative return in cash sums $104,788. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,839/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37721, Corryton, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,015 (100%) |
| Owner Occupied HU | 4,775 (79.4%) |
| Renter Occupied HU | 859 (14.3%) |
| Vacant Housing Units | 381 ( 6.3%) |
| Median Home Value | $320,399 |
| Average Home Value | $360,274 |
Housing Distribution
Address Breakdown
Residential
5,928
Single Family
5,928
Multi-Family
0
Businesses
120
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Listed by: Peyton Otis • eXp Realty, LLC
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1297085
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Hendrik Van Leesten - (865) 378-5282.