206 Rockford Cedar StRockfordTN37853
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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 Rockford at 206 Rockford Cedar St, Rockford, TN, 37853 priced at $248,000 converts $0/mo rent into after a $1,214/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -1.76% in year one, and rental yield reads 0% against a $248,000 entry. Equity gained on principal adds $1,600/yr, while 5% annual appreciation compiles into $68,518 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,214/mo payment, not borrower’s personal income.
Single Family
Built in 1922
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37853, Rockford, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,612 (100%) |
| Owner Occupied HU | 1,112 (69.0%) |
| Renter Occupied HU | 352 (21.8%) |
| Vacant Housing Units | 148 ( 9.2%) |
| Median Home Value | $317,557 |
| Average Home Value | $430,022 |
Housing Distribution
Address Breakdown
Residential
1,589
Single Family
1,589
Multi-Family
0
Businesses
68
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Sarah Corrigan • Realty Executives Associates
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1279290
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. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Hendrik Van Leesten - (865) 378-5282. [Click here for more information](/info/mls-disclaimers/#mls_154)