962 3rd StTracy CityTN37387
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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 Tracy City at 962 3rd St, Tracy City, TN, 37387 generates $0/mo in rent, after a $746/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -1.75% in year one, and rental yield is 0% on a $152,500 entry. Equity gained on principal adds $984/yr, while 5% annual appreciation builds toward $42,133 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37387, Tracy City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,944 (100%) |
| Owner Occupied HU | 1,309 (67.3%) |
| Renter Occupied HU | 404 (20.8%) |
| Vacant Housing Units | 231 (11.9%) |
| Median Home Value | $157,825 |
| Average Home Value | $205,718 |
Housing Distribution
Address Breakdown
Residential
1,388
Single Family
1,388
Multi-Family
0
Businesses
144
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Alice Roberts • eXp Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2891034
Disclaimer: Based on information submitted to the MLS GRID as of 2025-05-26 08:02:55 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#99)