1103 Warren County Park RdRock IslandTN38581
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Rock Island at 1103 Warren County Park Rd, Rock Island, TN, 38581 priced at $280,000 pairs $1,598/mo rent with after a $1,370/mo payment. Total monthly income equals $1,598/mo. Return on cash invested is 18.9% in year one, and rental yield stands at 6.85% on a $280,000 basis. Equity gained on principal adds $1,807/yr, and 5% annual appreciation accumulates to $77,359 by year five. Five-year ROI measures 97.23% and total cumulative return in cash reaches $90,249. For financing, Ziffy Mortgage’s DSCR program evaluates $1,598/mo property income against a $1,370/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2019
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38581, Rock Island, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,181 (100%) |
| Owner Occupied HU | 1,584 (72.6%) |
| Renter Occupied HU | 307 (14.1%) |
| Vacant Housing Units | 290 (13.3%) |
| Median Home Value | $275,385 |
| Average Home Value | $320,592 |
Housing Distribution
Address Breakdown
Residential
1,916
Single Family
1,916
Multi-Family
0
Businesses
75
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Garrett • Mighty Oaks Realty LLC
Mls Name: Greater Chattanooga Realtors
Mls ID: #1512106