1200 E McKinney AveRogersvilleTN37857
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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 Rogersville at 1200 E McKinney Ave, Rogersville, TN, 37857 uses $66,267 cash to close to unlock $4,089/yr annual cash flow and $341/mo monthly cash flow. Total monthly income runs $1,537/mo, and a $978/mo payment keeps the spread at $341/mo. Purchase price stands at $199,900, and rental yield measures 9.23% with $1,537/mo rent. Return on cash invested shows 26.08% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 135.67% and total cumulative return in cash records $89,905. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,537/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1926
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37857, Rogersville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,914 (100%) |
| Owner Occupied HU | 6,535 (65.9%) |
| Renter Occupied HU | 2,085 (21.0%) |
| Vacant Housing Units | 1,294 (13.1%) |
| Median Home Value | $182,508 |
| Average Home Value | $218,822 |
Housing Distribution
Address Breakdown
Residential
9,721
Single Family
9,599
Multi-Family
122
Businesses
584
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Listed by: Rick Carroll • Carroll Real Estate
Mls Name: TVRMLS
Mls ID: #9988762