121 County Road 650EtowahTN37331
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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 Etowah at 121 County Road 650, Etowah, TN, 37331 listed at $209,000 pairs $1,506/mo rent with a $1,023/mo payment to leave $255/mo cash flow. Total monthly income runs $1,506/mo, and annual cash flow reaches $3,058/yr on $69,284 cash to close. Return on cash invested measures 24.32% in year one, and rental yield registers 8.65% at a $209,000 basis. Equity gained on principal adds $1,349/yr, and annual property appreciation at 5% supports $57,743 by year five. Five-year ROI tracks 126.25% and total cumulative return in cash totals $87,470. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,506/mo property income relative to a $1,023/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1975
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37331, Etowah, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,910 (100%) |
| Owner Occupied HU | 2,438 (62.4%) |
| Renter Occupied HU | 891 (22.8%) |
| Vacant Housing Units | 581 (14.9%) |
| Median Home Value | $222,136 |
| Average Home Value | $285,983 |
Housing Distribution
Address Breakdown
Residential
3,403
Single Family
3,387
Multi-Family
16
Businesses
238
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Nearby investment properties with comparable prices
Listed by: Ivey Hayes • simpliHOM
Mls Name: RCAR
Mls Provider:
Mls ID: #20251382
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the River Counties Multiple Listing Service, Inc. Copyright 2025. All rights reserved Data is updated as of 2025-03-31 07:15:33 PDT. Some properties, which appear for sale on this web site, may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advised interested parties to confirm the data before relying on it in a purchase decision. Some or all of the listings displayed may not belong to the firm whose website is being visited The information provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.