801 Stony Point Mountain RdDoyleTN38559
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Doyle at 801 Stony Point Mountain Rd, Doyle, TN, 38559 priced at $299,998 pairs $1,022/mo rent with after a $1,468/mo payment. Total monthly income equals $1,022/mo. Return on cash invested is 10.58% in year one, and rental yield stands at 4.09% on a $299,998 basis. Equity gained on principal adds $1,936/yr, and 5% annual appreciation accumulates to $82,884 by year five. Five-year ROI measures 52.55% and total cumulative return in cash reaches $52,259. For financing, Ziffy Mortgage’s DSCR program evaluates $1,022/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
7.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38559, Doyle, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 619 (100%) |
| Owner Occupied HU | 417 (67.4%) |
| Renter Occupied HU | 93 (15.0%) |
| Vacant Housing Units | 109 (17.6%) |
| Median Home Value | $222,024 |
| Average Home Value | $266,643 |
Housing Distribution
Address Breakdown
Residential
592
Single Family
592
Multi-Family
0
Businesses
34
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Nearby investment properties with comparable prices
Listed by: Elijah Castelli • Elevate Real Estate Inc
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2667362
Disclaimer: Based on information submitted to the MLS GRID as of 2024-11-13 10:01:38 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_99)