Waterfront KnlSharps ChapelTN37866
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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 Sharps Chapel at Waterfront Knl, Sharps Chapel, TN, 37866 priced at $1,099,000 converts $0/mo rent into after a $5,379/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -1.8% in year one, and rental yield reads 0% against a $1,099,000 entry. Equity gained on principal adds $7,092/yr, while 5% annual appreciation compiles into $303,633 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $5,379/mo payment, not borrower’s personal income.
Single Family
Built in 2026
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37866, Sharps Chapel, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,492 (100%) |
| Owner Occupied HU | 804 (53.9%) |
| Renter Occupied HU | 115 ( 7.7%) |
| Vacant Housing Units | 573 (38.4%) |
| Median Home Value | $317,476 |
| Average Home Value | $373,971 |
Housing Distribution
Address Breakdown
Residential
1,095
Single Family
1,095
Multi-Family
0
Businesses
33
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Listed by: Beth Pyne • Realty Executives Associates
Mls Name: East Tennessee Realtors
Mls ID: #1311899