The Pikewood Plan, WindRiver Lakefront & Golf CommunityLenoir CityTN37772
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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 Lenoir City at The Pikewood Plan, WindRiver Lakefront & Golf Community, Lenoir City, TN, 37772 priced at $1,200,000 converts $3,283/mo rent into after a $5,873/mo obligation. Total monthly income equals $3,283/mo. Return on cash invested prints 7.88% in year one, and rental yield reads 3.28% against a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation compiles into $331,538 by year five. Five-year ROI reaches 38.14% and total cumulative return in cash sums $148,271. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,283/mo property income covering a $5,873/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$146 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37772, Lenoir City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,270 (100%) |
| Owner Occupied HU | 4,922 (78.5%) |
| Renter Occupied HU | 962 (15.3%) |
| Vacant Housing Units | 386 ( 6.2%) |
| Median Home Value | $423,321 |
| Average Home Value | $503,598 |
Housing Distribution
Address Breakdown
Residential
6,462
Single Family
6,452
Multi-Family
10
Businesses
265
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Listed by: N/A • Windriver Management
Mls Name: Windriver Management
Mls ID: #N/A