946 Stonegate WayTownsendTN37882
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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 Townsend at 946 Stonegate Way, Townsend, TN, 37882 uses $197,400 cash to close to unlock $129,246/yr annual cash flow and $10,771/mo monthly cash flow. Total monthly income runs $14,400/mo, and a $2,937/mo payment keeps the spread at $10,771/mo. Purchase price stands at $600,000, and rental yield measures 28.8% with $14,400/mo rent. Return on cash invested shows 85.53% in year one, and 5% annual appreciation builds toward $165,769 over five years. Five-year ROI reaches 454.55% and total cumulative return in cash records $897,276. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $14,400/mo property income covering a $2,937/mo payment rather than investor’s personal income.
Single Family
Built in 1999
1.15 Acres lot
$N/A/sqft
$450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37882, Townsend, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,592 (100%) |
| Owner Occupied HU | 1,317 (50.8%) |
| Renter Occupied HU | 272 (10.5%) |
| Vacant Housing Units | 1,003 (38.7%) |
| Median Home Value | $437,226 |
| Average Home Value | $494,507 |
Housing Distribution
Address Breakdown
Residential
1,546
Single Family
1,546
Multi-Family
0
Businesses
174
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Listed by: Shelly Jones • Little River Realty
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1256426
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Hendrik Van Leesten - (865) 378-5282. [Click here for more information](/info/mls-disclaimers/#mls_154)