8537 Cherokee TrlCrossvilleTN38572
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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 Crossville at 8537 Cherokee Trl, Crossville, TN, 38572 listed at $899,929 pairs $4,896/mo rent with a $4,405/mo payment. Total monthly income runs $4,896/mo. Return on cash invested measures 18.07% in year one, and rental yield registers 6.53% at a $899,929 basis. Equity gained on principal adds $5,807/yr, and annual property appreciation at 5% supports $248,634 by year five. Five-year ROI tracks 92.67% and total cumulative return in cash totals $274,369. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,896/mo property income relative to a $4,405/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38572, Crossville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,908 (100%) |
| Owner Occupied HU | 5,193 (75.2%) |
| Renter Occupied HU | 704 (10.2%) |
| Vacant Housing Units | 1,011 (14.6%) |
| Median Home Value | $272,701 |
| Average Home Value | $312,209 |
Housing Distribution
Address Breakdown
Residential
6,691
Single Family
6,642
Multi-Family
49
Businesses
128
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Listed by: Heather Skender-Newton • Skender-Newton Realty
Mls Name: UCMLS
Mls ID: #239575