1408 Chamber StRogersvilleTN37857
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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 Rogersville at 1408 Chamber St, Rogersville, TN, 37857 offers $2,201/mo rent that, after a $1,512/mo payment, leaves $352/mo cash flow. Total monthly income is $2,201/mo, and annual cash flow is $4,220/yr on $102,434 cash. Return on cash invested measures 24.03% in year one, and rental yield stands at 8.55% at a $309,000 entry. Equity gained on principal adds $1,994/yr while 5% annual appreciation compounds into $85,371 by year five. Five-year ROI records 124.68% and total cumulative return in cash reaches $127,709. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,201/mo property income versus a $1,512/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
0.34 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: Misty Clevinger • Southern Dwellings
Mls Name: TVRMLS
Mls ID: #9980019