24040 Highway 77Hollow RockTN38342
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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 Hollow Rock at 24040 Highway 77, Hollow Rock, TN, 38342 earns from $1,319/mo rent with a $1,121/mo payment. Total monthly income totals $1,319/mo. ROI tracks 19.09% on current figures, and rental yield reads 6.91% at a $229,000 purchase. Equity gained on principal adds $1,478/yr, and 5% annual appreciation supports $63,268 over five years. Five-year ROI reaches 98.23% and total cumulative return in cash sums $74,573. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,319/mo property income instead of your personal income.
Single Family
Built in 1997
1.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38342, Hollow Rock, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 660 (100%) |
| Owner Occupied HU | 470 (71.2%) |
| Renter Occupied HU | 118 (17.9%) |
| Vacant Housing Units | 72 (10.9%) |
| Median Home Value | $121,341 |
| Average Home Value | $187,968 |
Housing Distribution
Address Breakdown
Residential
611
Single Family
611
Multi-Family
0
Businesses
27
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Listed by: Kathie Abbott • Abbott Realty
Mls Name: Tennessee Valley MLS
Mls Provider:
Mls ID: #131764
Disclaimer: Copyright Tennessee Valley Association of REALTORS. All rights reserved. Some or all of the listings displayed may not belong to the firm whose website is being visited. Information is deemed reliable but not guaranteed.