237 Blue Ridge Rd,Speedwell,TN,37870

Investment Highlights

Rental property for sale in Speedwell at 237 Blue Ridge Rd, Speedwell, TN, 37870 priced at $199,900 converts $1,349/mo rent into $153/mo cash flow after a $978/mo obligation. Total monthly income equals $1,349/mo, and annual cash flow totals $1,833/yr on $66,267 invested. Return on cash invested prints 22.68% in year one, and rental yield reads 8.1% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 117.42% and total cumulative return in cash sums $77,809. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,349/mo property income covering a $978/mo payment, not borrower’s personal income.