245 Marina Hills Cir NWCharlestonTN37310
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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 Charleston at 245 Marina Hills Cir NW, Charleston, TN, 37310 offers $1,360/mo rent that, after a $2,570/mo payment. Total monthly income is $1,360/mo. Return on cash invested measures 7.67% in year one, and rental yield stands at 3.11% at a $525,000 entry. Equity gained on principal adds $3,388/yr while 5% annual appreciation compounds into $145,048 by year five. Five-year ROI records 36.92% and total cumulative return in cash reaches $63,777. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,360/mo property income versus a $2,570/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
0.32 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Brittany Allen • Silver Key Realty - Athens
Mls Name: RCAR
Mls Provider:
Mls ID: #20251658
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the River Counties Multiple Listing Service, Inc. Copyright 2025. All rights reserved Data is updated as of 2025-04-14 07:11:21 PDT. Some properties, which appear for sale on this web site, may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advised interested parties to confirm the data before relying on it in a purchase decision. Some or all of the listings displayed may not belong to the firm whose website is being visited The information provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.