766 Lantana Firetower RdCrossvilleTN38572
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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 Crossville at 766 Lantana Firetower Rd, Crossville, TN, 38572 uses $56,355 cash to close to unlock $3,449/yr annual cash flow and $287/mo monthly cash flow. Total monthly income runs $1,305/mo, and a $832/mo payment keeps the spread at $287/mo. Purchase price stands at $170,000, and rental yield measures 9.21% with $1,305/mo rent. Return on cash invested shows 26.03% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 135.46% and total cumulative return in cash records $76,341. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,305/mo property income covering a $832/mo payment rather than investor’s personal income.
Manufactured
Built in 1997
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38572, Crossville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,908 (100%) |
| Owner Occupied HU | 5,193 (75.2%) |
| Renter Occupied HU | 704 (10.2%) |
| Vacant Housing Units | 1,011 (14.6%) |
| Median Home Value | $272,701 |
| Average Home Value | $312,209 |
Housing Distribution
Address Breakdown
Residential
6,691
Single Family
6,642
Multi-Family
49
Businesses
128
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Listed by: Abbie Norwood • The Real Estate Collective
Mls Name: UCMLS
Mls ID: #238565