309 Western Heights DrRogersvilleTN37857
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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 Rogersville at 309 Western Heights Dr, Rogersville, TN, 37857 priced at $248,900 pairs $1,920/mo rent with $430/mo cash flow after a $1,218/mo payment. Total monthly income equals $1,920/mo, and annual cash flow comes to $5,163/yr on $82,510 invested. Return on cash invested is 26.17% in year one, and rental yield stands at 9.26% on a $248,900 basis. Equity gained on principal adds $1,606/yr, and 5% annual appreciation accumulates to $68,766 by year five. Five-year ROI measures 136.17% and total cumulative return in cash reaches $112,357. For financing, Ziffy Mortgage’s DSCR program evaluates $1,920/mo property income against a $1,218/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1991
0.43 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: Seth Lester • NextHome Magnolia Realty
Mls Name: TVRMLS
Mls ID: #9986068