211 Shady Lane AveRogersvilleTN37857
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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 Rogersville at 211 Shady Lane Ave, Rogersville, TN, 37857 uses $79,527 cash to close to unlock $6,145/yr annual cash flow and $512/mo monthly cash flow. Total monthly income runs $1,948/mo, and a $1,174/mo payment keeps the spread at $512/mo. Purchase price stands at $239,900, and rental yield measures 9.74% with $1,948/mo rent. Return on cash invested shows 27.64% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 144.07% and total cumulative return in cash records $114,571. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,948/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 1980
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37857, Rogersville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,914 (100%) |
| Owner Occupied HU | 6,535 (65.9%) |
| Renter Occupied HU | 2,085 (21.0%) |
| Vacant Housing Units | 1,294 (13.1%) |
| Median Home Value | $182,508 |
| Average Home Value | $218,822 |
Housing Distribution
Address Breakdown
Residential
9,721
Single Family
9,599
Multi-Family
122
Businesses
584
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Listed by: Jessee Cook • Castle & Associates Real Estate
Mls Name: Lakeway Area AOR
Mls ID: #709784