400 Furnace AveRockwoodTN37854
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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 Rockwood at 400 Furnace Ave, Rockwood, TN, 37854 offers $2,360/mo rent that, after a $1,322/mo payment, leaves $743/mo cash flow. Total monthly income is $2,360/mo, and annual cash flow is $8,919/yr on $89,505 cash. Return on cash invested measures 29.87% in year one, and rental yield stands at 10.49% at a $270,000 entry. Equity gained on principal adds $1,742/yr while 5% annual appreciation compounds into $74,596 by year five. Five-year ROI records 156.06% and total cumulative return in cash reaches $139,681. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,360/mo property income versus a $1,322/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37854, Rockwood, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,305 (100%) |
| Owner Occupied HU | 3,986 (63.2%) |
| Renter Occupied HU | 1,532 (24.3%) |
| Vacant Housing Units | 787 (12.5%) |
| Median Home Value | $196,127 |
| Average Home Value | $264,111 |
Housing Distribution
Address Breakdown
Residential
5,916
Single Family
5,733
Multi-Family
183
Businesses
323
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