953 Lee Delia LnAlcoaTN37701
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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 Alcoa at 953 Lee Delia Ln, Alcoa, TN, 37701 generates $1,800/mo in rent and, after a $1,341/mo payment, leaves $160/mo in cash flow. Total monthly income is $1,800/mo, and annual cash flow is $1,920/yr on $90,798 invested. Return on cash invested sits at 22.02% in year one, and rental yield is 7.89% on a $273,900 entry. Equity gained on principal adds $1,767/yr, while 5% annual appreciation builds toward $75,674 over five years. Five-year ROI reaches 113.91% and total cumulative return in cash sums $103,430. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,800/mo property income rather than buyer’s personal income.
Single Family
Built in 1986
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37701, Alcoa, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,749 (100%) |
| Owner Occupied HU | 2,526 (53.2%) |
| Renter Occupied HU | 1,891 (39.8%) |
| Vacant Housing Units | 332 ( 7.0%) |
| Median Home Value | $318,413 |
| Average Home Value | $346,636 |
Housing Distribution
Address Breakdown
Residential
3,552
Single Family
3,319
Multi-Family
233
Businesses
815
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