842 Collie Cove CtFriendsvilleTN37737
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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
Rental property for sale in Friendsville at 842 Collie Cove Ct, Friendsville, TN, 37737 priced at $480,000 pairs $2,040/mo rent with after a $2,349/mo payment. Total monthly income equals $2,040/mo. Return on cash invested is 13.63% in year one, and rental yield stands at 5.1% on a $480,000 basis. Equity gained on principal adds $3,097/yr, and 5% annual appreciation accumulates to $132,615 by year five. Five-year ROI measures 68.87% and total cumulative return in cash reaches $109,589. For financing, Ziffy Mortgage’s DSCR program evaluates $2,040/mo property income against a $2,349/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1977
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37737, Friendsville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,081 (100%) |
| Owner Occupied HU | 2,488 (80.8%) |
| Renter Occupied HU | 418 (13.6%) |
| Vacant Housing Units | 175 ( 5.7%) |
| Median Home Value | $372,659 |
| Average Home Value | $465,358 |
Housing Distribution
Address Breakdown
Residential
2,722
Single Family
2,715
Multi-Family
7
Businesses
96
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Listed by: Megan Piper • Realty Executives Associates
Mls Name: East Tennessee Realtors
Mls ID: #1324483