253 & 261 Waldo RdRockwoodTN37854
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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 Rockwood at 253 & 261 Waldo Rd, Rockwood, TN, 37854 uses $95,804 cash to close to unlock $4,434/yr annual cash flow and $370/mo monthly cash flow. Total monthly income runs $2,100/mo, and a $1,415/mo payment keeps the spread at $370/mo. Purchase price stands at $289,000, and rental yield measures 8.72% with $2,100/mo rent. Return on cash invested shows 24.54% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 127.43% and total cumulative return in cash records $122,078. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,100/mo property income covering a $1,415/mo payment rather than investor’s personal income.
Single Family
Built in 1977
32.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37854, Rockwood, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,305 (100%) |
| Owner Occupied HU | 3,986 (63.2%) |
| Renter Occupied HU | 1,532 (24.3%) |
| Vacant Housing Units | 787 (12.5%) |
| Median Home Value | $196,127 |
| Average Home Value | $264,111 |
Housing Distribution
Address Breakdown
Residential
5,916
Single Family
5,733
Multi-Family
183
Businesses
323
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