2551 Cedar Creek RdRussellvilleTN37860
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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 Russellville at 2551 Cedar Creek Rd, Russellville, TN, 37860 priced at $499,900 pairs $2,303/mo rent with after a $2,447/mo payment. Total monthly income equals $2,303/mo. Return on cash invested is 14.91% in year one, and rental yield stands at 5.53% on a $499,900 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,113 by year five. Five-year ROI measures 75.81% and total cumulative return in cash reaches $125,628. For financing, Ziffy Mortgage’s DSCR program evaluates $2,303/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2022
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37860, Russellville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,843 (100%) |
| Owner Occupied HU | 1,442 (78.2%) |
| Renter Occupied HU | 283 (15.4%) |
| Vacant Housing Units | 118 ( 6.4%) |
| Median Home Value | $244,758 |
| Average Home Value | $296,732 |
Housing Distribution
Address Breakdown
Residential
1,707
Single Family
1,707
Multi-Family
0
Businesses
74
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Listed by: Barry Carter • Century 21 Legacy - Greeneville
Mls Name: TVRMLS
Mls ID: #9979950