768 Lake Point DrPiney FlatsTN37686
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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 Piney Flats at 768 Lake Point Dr, Piney Flats, TN, 37686 priced at $1,101,800 pairs $4,058/mo rent with after a $5,393/mo payment. Total monthly income equals $4,058/mo. Return on cash invested is 11.84% in year one, and rental yield stands at 4.42% on a $1,101,800 basis. Equity gained on principal adds $7,110/yr, and 5% annual appreciation accumulates to $304,407 by year five. Five-year ROI measures 59.21% and total cumulative return in cash reaches $211,353. For financing, Ziffy Mortgage’s DSCR program evaluates $4,058/mo property income against a $5,393/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1981
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37686, Piney Flats, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,293 (100%) |
| Owner Occupied HU | 2,969 (69.2%) |
| Renter Occupied HU | 890 (20.7%) |
| Vacant Housing Units | 434 (10.1%) |
| Median Home Value | $341,261 |
| Average Home Value | $382,217 |
Housing Distribution
Address Breakdown
Residential
4,122
Single Family
4,122
Multi-Family
0
Businesses
267
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