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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Monterey at 815 Eastridge Pass, Monterey, TN, 38574 listed at $100,000 pairs $0/mo rent with a $489/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -1.74% in year one, and rental yield registers 0% at a $100,000 basis. Equity gained on principal adds $645/yr, and annual property appreciation at 5% supports $27,628 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $489/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Lot
Built in N/A
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38574, Monterey, TN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,415 (100%) |
| Owner Occupied HU | 2,978 (67.5%) |
| Renter Occupied HU | 917 (20.8%) |
| Vacant Housing Units | 520 (11.8%) |
| Median Home Value | $291,365 |
| Average Home Value | $317,754 |
Residential
3,930
Single Family
3,895
Multi-Family
35
Businesses
226
Date | Event | Price |
|---|---|---|
| 2023-08-07 | Listed for sale | $100,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-11 | $199.50 | 7.61% | $7,500 | N/A |
| 2022-11-11 | $185.40 | N/A | $7,500 | N/A |
| 2021-11-11 | N/A | N/A | $7,500 | N/A |
No similar rental properties found nearby.
Listed by: Greg J. Barnwell • Crye-Leike Brown Realty
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1235755
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. [Click here for more information](/info/mls-disclaimers/#mls_154)
