84 Lollar DrMontereyTN38574
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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 Monterey at 84 Lollar Dr, Monterey, TN, 38574 at $460,000 posts ROI 18.83% with from $2,616/mo rent. Total monthly income equals $2,616/mo. Return on cash invested measures 18.83% and rental yield reads 6.82% at the current $460,000. Equity gained on principal adds $2,968/yr, and 5% annual appreciation supports $127,090 by year five. Five-year ROI prints 96.78% and total cumulative return in cash totals $147,577. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,616/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2017
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38574, Monterey, TN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
3,930
Single Family
3,895
Multi-Family
35
Businesses
226
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Listed by: Doreen Sherrill • Crye-Leike Brown Realty Cumberland Cove
Mls Name: UCMLS
Mls Provider:
Mls ID: #235930
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