845 Gamble Gap RdTellico PlainsTN37385
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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 Tellico Plains at 845 Gamble Gap Rd, Tellico Plains, TN, 37385 uses $50,554 cash to close to unlock $3,378/yr annual cash flow and $282/mo monthly cash flow. Total monthly income runs $1,194/mo, and a $746/mo payment keeps the spread at $282/mo. Purchase price stands at $152,500, and rental yield measures 9.4% with $1,194/mo rent. Return on cash invested shows 26.59% in year one, and 5% annual appreciation builds toward $42,133 over five years. Five-year ROI reaches 138.46% and total cumulative return in cash records $69,995. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,194/mo property income covering a $746/mo payment rather than investor’s personal income.
Single Family
Built in 1993
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37385, Tellico Plains, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,480 (100%) |
| Owner Occupied HU | 2,969 (66.3%) |
| Renter Occupied HU | 673 (15.0%) |
| Vacant Housing Units | 838 (18.7%) |
| Median Home Value | $259,500 |
| Average Home Value | $359,625 |
Housing Distribution
Address Breakdown
Residential
3,639
Single Family
3,599
Multi-Family
40
Businesses
160
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Listed by: James P. Lee • Norman Lee Real Estate
Mls Name: East Tennessee Realtors
Mls ID: #1313432