2105 New Corinth RdRutledgeTN37861
Nearby investment properties with comparable rents
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
Investment property for sale in Rutledge at 2105 New Corinth Rd, Rutledge, TN, 37861 earns $486/mo cash flow from $1,802/mo rent with a $1,076/mo payment. Total monthly income totals $1,802/mo, and annual cash flow totals $5,831/yr on $72,897 capital. ROI tracks 27.91% on current figures, and rental yield reads 9.83% at a $219,900 purchase. Equity gained on principal adds $1,419/yr, and 5% annual appreciation supports $60,754 over five years. Five-year ROI reaches 145.46% and total cumulative return in cash sums $106,036. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,802/mo property income instead of your personal income.
Manufactured
Built in 2007
1.19 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices