824 Deerfield WayLa FolletteTN37766
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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
Investment property for sale in La Follette at 824 Deerfield Way, La Follette, TN, 37766 earns from $4,031/mo rent with a $5,849/mo payment. Total monthly income totals $4,031/mo. ROI tracks 10.69% on current figures, and rental yield reads 4.05% at a $1,195,000 purchase. Equity gained on principal adds $7,711/yr, and 5% annual appreciation supports $330,156 over five years. Five-year ROI reaches 53.05% and total cumulative return in cash sums $205,394. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,031/mo property income instead of your personal income.
Single Family
Built in 1990
1.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37766, La Follette, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,924 (100%) |
| Owner Occupied HU | 5,178 (52.2%) |
| Renter Occupied HU | 2,534 (25.5%) |
| Vacant Housing Units | 2,212 (22.3%) |
| Median Home Value | $186,467 |
| Average Home Value | $228,000 |
Housing Distribution
Address Breakdown
Residential
8,526
Single Family
8,132
Multi-Family
394
Businesses
586
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Listed by: Cindy Hill • Alco Builders & Realty Co
Mls Name: East Tennessee Realtors
Mls ID: #1305794