195 Schertz LnRutledgeTN37861
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Nearby investment properties with comparable prices
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 Rutledge at 195 Schertz Ln, Rutledge, TN, 37861 priced at $244,900 pairs $1,692/mo rent with $226/mo cash flow after a $1,199/mo payment. Total monthly income equals $1,692/mo, and annual cash flow comes to $2,708/yr on $81,184 invested. Return on cash invested is 23.24% in year one, and rental yield stands at 8.29% on a $244,900 basis. Equity gained on principal adds $1,580/yr, and 5% annual appreciation accumulates to $67,661 by year five. Five-year ROI measures 120.49% and total cumulative return in cash reaches $97,817. For financing, Ziffy Mortgage’s DSCR program evaluates $1,692/mo property income against a $1,199/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2018
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37861, Rutledge, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,640 (100%) |
| Owner Occupied HU | 2,996 (64.6%) |
| Renter Occupied HU | 840 (18.1%) |
| Vacant Housing Units | 804 (17.3%) |
| Median Home Value | $245,730 |
| Average Home Value | $283,334 |
Housing Distribution
Address Breakdown
Residential
4,286
Single Family
4,184
Multi-Family
102
Businesses
224
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Listed by: Sarah Richards • Spring Mountain Realty, PLLC
Mls Name: Lakeway Area AOR
Mls Provider:
Mls ID: #707162
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.