3281 Statesville RdWatertownTN37184
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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 Watertown at 3281 Statesville Rd, Watertown, TN, 37184 earns from $2,340/mo rent with a $2,080/mo payment. Total monthly income totals $2,340/mo. ROI tracks 18.17% on current figures, and rental yield reads 6.61% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 93.29% and total cumulative return in cash sums $131,429. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,340/mo property income instead of your personal income.
Single Family
Built in 2006
12.80 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
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