35 Admiral LnRock IslandTN38581
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
Rental property for sale in Rock Island at 35 Admiral Ln, Rock Island, TN, 38581 offers $3,376/mo rent that, after a $5,873/mo payment. Total monthly income is $3,376/mo. Return on cash invested measures 8.59% in year one, and rental yield stands at 3.38% at a $1,200,000 entry. Equity gained on principal adds $7,743/yr while 5% annual appreciation compounds into $331,538 by year five. Five-year ROI records 41.8% and total cumulative return in cash reaches $162,527. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,376/mo property income versus a $5,873/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
1.28 Acres lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38581, Rock Island, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,181 (100%) |
| Owner Occupied HU | 1,584 (72.6%) |
| Renter Occupied HU | 307 (14.1%) |
| Vacant Housing Units | 290 (13.3%) |
| Median Home Value | $275,385 |
| Average Home Value | $320,592 |
Housing Distribution
Address Breakdown
Residential
1,916
Single Family
1,916
Multi-Family
0
Businesses
75
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Betsy Peebles • Pilkerton Realtors
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2619264
Disclaimer: Based on information submitted to the MLS GRID as of 2024-11-13 12:06:52 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_99)