980 Broadview RdSpringvilleTN38256
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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 Springville at 980 Broadview Rd, Springville, TN, 38256 offers a 5.7% rental yield on a $420,000 purchase with $1,996/mo rent. 44% in year one. Equity gained on principal adds $2,710/yr while 5% annual appreciation supports $116,038 over five years. Portfolio math shows five-year ROI at 78.62% and total cumulative return in cash at $109,459. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,996/mo property income against a $2,056/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
1.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38256, Springville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,026 (100%) |
| Owner Occupied HU | 1,321 (43.7%) |
| Renter Occupied HU | 266 ( 8.8%) |
| Vacant Housing Units | 1,439 (47.6%) |
| Median Home Value | $216,304 |
| Average Home Value | $304,667 |
Housing Distribution
Address Breakdown
Residential
2,301
Single Family
2,301
Multi-Family
0
Businesses
62
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Listed by: Gavin Moody • Moody Realty Company, Inc.
Mls Name: Tennessee Valley MLS
Mls Provider:
Mls ID: #134139
Disclaimer: Copyright Tennessee Valley Association of REALTORS. All rights reserved. Some or all of the listings displayed may not belong to the firm whose website is being visited. Information is deemed reliable but not guaranteed.