451 S Patton 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 451 S Patton Ave, Rockwood, TN, 37854 generates $2,160/mo in rent and, after a $1,346/mo payment, leaves $515/mo in cash flow. Total monthly income is $2,160/mo, and annual cash flow is $6,179/yr on $91,129 invested. Return on cash invested sits at 26.69% in year one, and rental yield is 9.43% on a $274,900 entry. Equity gained on principal adds $1,774/yr, while 5% annual appreciation builds toward $75,950 over five years. Five-year ROI reaches 138.94% and total cumulative return in cash sums $126,615. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,160/mo property income rather than buyer’s personal income.
Single Family
Built in 1935
0.49 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
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