224 Dogwood DrSurgoinsvilleTN37873
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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 Surgoinsville at 224 Dogwood Dr, Surgoinsville, TN, 37873 generates $1,870/mo in rent and, after a $1,183/mo payment, leaves $423/mo in cash flow. Total monthly income is $1,870/mo, and annual cash flow is $5,079/yr on $80,090 invested. Return on cash invested sits at 26.25% in year one, and rental yield is 9.29% on a $241,600 entry. Equity gained on principal adds $1,559/yr, while 5% annual appreciation builds toward $66,750 over five years. Five-year ROI reaches 136.62% and total cumulative return in cash sums $109,417. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,870/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37873, Surgoinsville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,126 (100%) |
| Owner Occupied HU | 1,515 (71.3%) |
| Renter Occupied HU | 360 (16.9%) |
| Vacant Housing Units | 251 (11.8%) |
| Median Home Value | $175,310 |
| Average Home Value | $198,675 |
Housing Distribution
Address Breakdown
Residential
1,898
Single Family
1,898
Multi-Family
0
Businesses
106
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