2996 Railroad St,Charleston,TN,37310

Investment Highlights

Investment property for sale in Charleston at 2996 Railroad St, Charleston, TN, 37310 offers a 10.67% rental yield on a $269,900 purchase with $2,400/mo rent. Total monthly income registers $2,400/mo, and a $1,321/mo payment leaves $784/mo available for distribution. Annual cash flow reaches $9,412/yr on $89,472 to close, and return on cash invested stands at 30.43% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,568 over five years. Portfolio math shows five-year ROI at 159.02% and total cumulative return in cash at $142,278. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,400/mo property income against a $1,321/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.