248 Cherokee CvRutledgeTN37861
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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 Rutledge at 248 Cherokee Cv, Rutledge, TN, 37861 priced at $747,900 pairs $3,202/mo rent with after a $3,661/mo payment. Total monthly income equals $3,202/mo. Return on cash invested is 13.84% in year one, and rental yield stands at 5.14% on a $747,900 basis. Equity gained on principal adds $4,826/yr, and 5% annual appreciation accumulates to $206,631 by year five. Five-year ROI measures 70% and total cumulative return in cash reaches $172,230. For financing, Ziffy Mortgage’s DSCR program evaluates $3,202/mo property income against a $3,661/mo payment instead of your W2s, 1099s, or Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37861, Rutledge, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,640 (100%) |
| Owner Occupied HU | 2,996 (64.6%) |
| Renter Occupied HU | 840 (18.1%) |
| Vacant Housing Units | 804 (17.3%) |
| Median Home Value | $245,730 |
| Average Home Value | $283,334 |
Housing Distribution
Address Breakdown
Residential
4,286
Single Family
4,184
Multi-Family
102
Businesses
224
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