1600 Hearn Hill RdWatertownTN37184
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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
Total monthly income runs $2,340/mo, and a $4,160/mo payment. Purchase price stands at $850,000, and rental yield measures 3.3% with $2,340/mo rent. Return on cash invested shows 8.27% in year one, and 5% annual appreciation builds toward $234,839 over five years. Five-year ROI reaches 40.13% and total cumulative return in cash records $112,222. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,340/mo property income covering a $4,160/mo payment rather than investor’s personal income.
Single Family
Built in 2021
2.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37184, Watertown, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,617 (100%) |
| Owner Occupied HU | 1,999 (76.4%) |
| Renter Occupied HU | 441 (16.9%) |
| Vacant Housing Units | 177 ( 6.8%) |
| Median Home Value | $435,174 |
| Average Home Value | $513,923 |
Housing Distribution
Address Breakdown
Residential
2,591
Single Family
2,591
Multi-Family
0
Businesses
137
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