The Sutherland Plan, The Grove at Harrison GlenLenoir CityTN37771
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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 Sutherland Plan, The Grove at Harrison Glen, Lenoir City, TN, 37771 generates $2,160/mo in rent, after a $2,340/mo payment. Total monthly income is $2,160/mo. Return on cash invested sits at 14.59% in year one, and rental yield is 5.42% on a $478,000 entry. Equity gained on principal adds $3,084/yr, while 5% annual appreciation builds toward $132,063 over five years. Five-year ROI reaches 74.1% and total cumulative return in cash sums $117,421. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,160/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37771, Lenoir City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,195 (100%) |
| Owner Occupied HU | 5,374 (65.6%) |
| Renter Occupied HU | 2,228 (27.2%) |
| Vacant Housing Units | 593 ( 7.2%) |
| Median Home Value | $265,872 |
| Average Home Value | $302,637 |
Housing Distribution
Address Breakdown
Residential
7,833
Single Family
7,419
Multi-Family
414
Businesses
733
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Listed by: N/A • Goodall Homes
Mls Name: Goodall Homes
Mls Provider:
Mls ID: #N/A