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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Townsend at 136 Little Round Top Ln, Townsend, TN, 37882 priced at $550,000 converts $2,050/mo rent into after a $2,692/mo obligation. Total monthly income equals $2,050/mo. Return on cash invested prints 11.82% in year one, and rental yield reads 4.47% against a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation compiles into $151,955 by year five. Five-year ROI reaches 59.17% and total cumulative return in cash sums $107,074. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,050/mo property income covering a $2,692/mo payment, not borrower’s personal income.
Single Family
Built in 1996
1.48 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 37882, Townsend, TN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,592 (100%) |
| Owner Occupied HU | 1,317 (50.8%) |
| Renter Occupied HU | 272 (10.5%) |
| Vacant Housing Units | 1,003 (38.7%) |
| Median Home Value | $437,226 |
| Average Home Value | $494,507 |
Residential
1,546
Single Family
1,546
Multi-Family
0
Businesses
174
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Amber Korlin Brown • Century 21 MVP
Mls Name: GSMAR, GSMMLS
Mls ID: #308045
