805 Park StSweetwaterTN37874
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 Sweetwater at 805 Park St, Sweetwater, TN, 37874 priced at $217,000 pairs $1,727/mo rent with $428/mo cash flow after a $1,062/mo payment. Total monthly income equals $1,727/mo, and annual cash flow comes to $5,137/yr on $71,936 invested. Return on cash invested is 27.05% in year one, and rental yield stands at 9.55% on a $217,000 basis. Equity gained on principal adds $1,400/yr, and 5% annual appreciation accumulates to $59,953 by year five. Five-year ROI measures 140.93% and total cumulative return in cash reaches $101,381. For financing, Ziffy Mortgage’s DSCR program evaluates $1,727/mo property income against a $1,062/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2011
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37874, Sweetwater, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,391 (100%) |
| Owner Occupied HU | 5,092 (68.9%) |
| Renter Occupied HU | 1,685 (22.8%) |
| Vacant Housing Units | 614 ( 8.3%) |
| Median Home Value | $221,768 |
| Average Home Value | $282,355 |
Housing Distribution
Address Breakdown
Residential
6,673
Single Family
6,589
Multi-Family
84
Businesses
461
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Listed by: Shona Scott • Realty Executives Main Street
Mls Name: East Tennessee Realtors
Mls ID: #1322462