401 W Broadway StRogersvilleTN37857
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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 401 W Broadway St, Rogersville, TN, 37857 priced at $179,000 converts $1,431/mo rent into $360/mo cash flow after a $876/mo obligation. Total monthly income equals $1,431/mo, and annual cash flow totals $4,315/yr on $59,339 invested. Return on cash invested prints 27.18% in year one, and rental yield reads 9.59% against a $179,000 entry. Equity gained on principal adds $1,155/yr, while 5% annual appreciation compiles into $49,454 by year five. Five-year ROI reaches 141.61% and total cumulative return in cash sums $84,027. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,431/mo property income covering a $876/mo payment, not borrower’s personal income.
Single Family
Built in 1950
0.34 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: Heather Adams • Kornerstone Properties
Mls Name: Lakeway Area AOR
Mls ID: #708197