124 County Road 620EtowahTN37331
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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 Etowah at 124 County Road 620, Etowah, TN, 37331 generates $2,912/mo in rent, after a $2,398/mo payment. Total monthly income is $2,912/mo. Return on cash invested sits at 19.76% in year one, and rental yield is 7.13% on a $489,900 entry. Equity gained on principal adds $3,161/yr, while 5% annual appreciation builds toward $135,350 over five years. Five-year ROI reaches 101.77% and total cumulative return in cash sums $165,281. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,912/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
1 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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