1216 Baker Bridge Rd NECharlestonTN37310
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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 Charleston at 1216 Baker Bridge Rd NE, Charleston, TN, 37310 offers a 5.11% rental yield on a $550,000 purchase with $2,341/mo rent. 75% in year one. Equity gained on principal adds $3,549/yr while 5% annual appreciation supports $151,955 over five years. Portfolio math shows five-year ROI at 69.53% and total cumulative return in cash at $125,806. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,341/mo property income against a $2,692/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
34.75 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Susan Ledford • Weichert REALTORS - SEM Associates -Cleveland
Mls Name: RCAR
Mls Provider:
Mls ID: #20251273
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 2025-03-24 07:15:23 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.