819 Oconner St LOT 7SmithvilleTN37166
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 Smithville at 819 Oconner St LOT 7, Smithville, TN, 37166 offers $1,680/mo rent that, after a $1,750/mo payment. Total monthly income is $1,680/mo. Return on cash invested measures 15.25% in year one, and rental yield stands at 5.64% at a $357,500 entry. Equity gained on principal adds $2,307/yr while 5% annual appreciation compounds into $98,771 by year five. Five-year ROI records 77.6% and total cumulative return in cash reaches $91,961. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,680/mo property income versus a $1,750/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37166, Smithville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,141 (100%) |
| Owner Occupied HU | 4,280 (59.9%) |
| Renter Occupied HU | 1,801 (25.2%) |
| Vacant Housing Units | 1,060 (14.8%) |
| Median Home Value | $242,188 |
| Average Home Value | $348,801 |
Housing Distribution
Address Breakdown
Residential
6,525
Single Family
6,463
Multi-Family
62
Businesses
465
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelly Swindell • Benchmark Realty, LLC
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3039261