3583 Rocky Mound RdWestmorelandTN37186
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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 Westmoreland at 3583 Rocky Mound Rd, Westmoreland, TN, 37186 earns $707/mo cash flow from $1,994/mo rent with a $1,052/mo payment. Total monthly income totals $1,994/mo, and annual cash flow totals $8,487/yr on $71,273 capital. ROI tracks 31.82% on current figures, and rental yield reads 11.13% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 166.48% and total cumulative return in cash sums $118,657. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,994/mo property income instead of your personal income.
Single Family
Built in 2019
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37186, Westmoreland, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,216 (100%) |
| Owner Occupied HU | 2,949 (69.9%) |
| Renter Occupied HU | 951 (22.6%) |
| Vacant Housing Units | 316 ( 7.5%) |
| Median Home Value | $232,183 |
| Average Home Value | $292,252 |
Housing Distribution
Address Breakdown
Residential
4,237
Single Family
4,237
Multi-Family
0
Businesses
158
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Listed by: Jerry King • Williams & Williams Real Estate Auctions
Mls Name: My State MLS
Mls ID: #11572870