262 Old Alexandria RdWatertownTN37184
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Watertown at 262 Old Alexandria Rd, Watertown, TN, 37184 with 5% annual appreciation on a $491,700 basis while $2,569/mo rent supports operations. 15% in year one. Equity gained on principal adds $3,173/yr, and five-year appreciation sums $135,848 alongside rental yield of 6.27%. Five-year ROI measures 87.8% and total cumulative return in cash totals $143,106. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,569/mo property income versus a $2,407/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2018
1.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37184, Watertown, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,617 (100%) |
| Owner Occupied HU | 1,999 (76.4%) |
| Renter Occupied HU | 441 (16.9%) |
| Vacant Housing Units | 177 ( 6.8%) |
| Median Home Value | $435,174 |
| Average Home Value | $513,923 |
Housing Distribution
Address Breakdown
Residential
2,591
Single Family
2,591
Multi-Family
0
Businesses
137
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices