244 Markland Hill RdRoan MountainTN37687
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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 Roan Mountain at 244 Markland Hill Rd, Roan Mountain, TN, 37687 earns from $2,528/mo rent with a $3,303/mo payment. Total monthly income totals $2,528/mo. ROI tracks 11.89% on current figures, and rental yield reads 4.49% at a $674,900 purchase. Equity gained on principal adds $4,355/yr, and 5% annual appreciation supports $186,462 over five years. Five-year ROI reaches 59.55% and total cumulative return in cash sums $132,223. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,528/mo property income instead of your personal income.
Single Family
Built in 1985
13.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37687, Roan Mountain, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,696 (100%) |
| Owner Occupied HU | 1,721 (63.8%) |
| Renter Occupied HU | 324 (12.0%) |
| Vacant Housing Units | 651 (24.1%) |
| Median Home Value | $186,265 |
| Average Home Value | $263,318 |
Housing Distribution
Address Breakdown
Residential
2,298
Single Family
2,298
Multi-Family
0
Businesses
110
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Listed by: Matt Fleenor • Greater Impact Realty Jonesborough
Mls Name: TVRMLS
Mls ID: #9982755