282 Race Track RdRogersvilleTN37857
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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 Rogersville at 282 Race Track Rd, Rogersville, TN, 37857 uses $95,439 cash to close to unlock $2,361/yr annual cash flow and $197/mo monthly cash flow. Total monthly income runs $1,920/mo, and a $1,409/mo payment keeps the spread at $197/mo. Purchase price stands at $287,900, and rental yield measures 8% with $1,920/mo rent. Return on cash invested shows 22.38% in year one, and 5% annual appreciation builds toward $79,541 over five years. Five-year ROI reaches 115.84% and total cumulative return in cash records $110,561. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,920/mo property income covering a $1,409/mo payment rather than investor’s personal income.
Manufactured
Built in 2024
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37857, Rogersville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,914 (100%) |
| Owner Occupied HU | 6,535 (65.9%) |
| Renter Occupied HU | 2,085 (21.0%) |
| Vacant Housing Units | 1,294 (13.1%) |
| Median Home Value | $182,508 |
| Average Home Value | $218,822 |
Housing Distribution
Address Breakdown
Residential
9,721
Single Family
9,599
Multi-Family
122
Businesses
584
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Listed by: Scott Wills • Whitehorn Auction & Realty
Mls Name: TVRMLS
Mls ID: #9977819
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