402 John StRockwoodTN37854
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
Investment property for sale in Rockwood at 402 John St, Rockwood, TN, 37854 uses $51,383 cash to close to unlock $3,381/yr annual cash flow and $282/mo monthly cash flow. Total monthly income runs $1,210/mo, and a $759/mo payment keeps the spread at $282/mo. Purchase price stands at $155,000, and rental yield measures 9.37% with $1,210/mo rent. Return on cash invested shows 26.49% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 137.89% and total cumulative return in cash records $70,852. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,210/mo property income covering a $759/mo payment rather than investor’s personal income.
Single Family
Built in 1954
0.36 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices