2124 Rainwater RdDandridgeTN37725
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
Rental property for sale in Dandridge at 2124 Rainwater Rd, Dandridge, TN, 37725 generates $2,011/mo in rent and, after a $1,640/mo payment, leaves $5/mo in cash flow. Total monthly income is $2,011/mo, and annual cash flow is $63/yr on $111,053 invested. Return on cash invested sits at 19.97% in year one, and rental yield is 7.2% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 102.91% and total cumulative return in cash sums $114,284. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,011/mo property income rather than buyer’s personal income.
Manufactured
Built in 2012
5.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37725, Dandridge, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,712 (100%) |
| Owner Occupied HU | 6,754 (69.5%) |
| Renter Occupied HU | 1,452 (15.0%) |
| Vacant Housing Units | 1,506 (15.5%) |
| Median Home Value | $305,950 |
| Average Home Value | $375,465 |
Housing Distribution
Address Breakdown
Residential
8,548
Single Family
8,501
Multi-Family
47
Businesses
514
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices