1607 Weatherby CtRussellvilleTN37860
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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 Russellville at 1607 Weatherby Ct, Russellville, TN, 37860 uses $99,417 cash to close to unlock $2,575/yr annual cash flow and $215/mo monthly cash flow. Total monthly income runs $2,010/mo, and a $1,468/mo payment keeps the spread at $215/mo. Purchase price stands at $299,900, and rental yield measures 8.04% with $2,010/mo rent. Return on cash invested shows 22.5% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 116.48% and total cumulative return in cash records $115,804. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,010/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 2000
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37860, Russellville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,843 (100%) |
| Owner Occupied HU | 1,442 (78.2%) |
| Renter Occupied HU | 283 (15.4%) |
| Vacant Housing Units | 118 ( 6.4%) |
| Median Home Value | $244,758 |
| Average Home Value | $296,732 |
Housing Distribution
Address Breakdown
Residential
1,707
Single Family
1,707
Multi-Family
0
Businesses
74
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Listed by: Carla Cullip • RE/MAX Real Estate Ten Midtown
Mls Name: Lakeway Area AOR
Mls ID: #709620