5790 N 2nd StRussellvilleTN37860
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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 Russellville at 5790 N 2nd St, Russellville, TN, 37860 offers a 10.77% rental yield on a $189,900 purchase with $1,705/mo rent. Total monthly income registers $1,705/mo, and a $929/mo payment leaves $569/mo available for distribution. Annual cash flow reaches $6,824/yr on $62,952 to close, and return on cash invested stands at 30.75% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 160.72% and total cumulative return in cash at $101,177. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,705/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1998
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37860, Russellville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,843 (100%) |
| Owner Occupied HU | 1,442 (78.2%) |
| Renter Occupied HU | 283 (15.4%) |
| Vacant Housing Units | 118 ( 6.4%) |
| Median Home Value | $244,758 |
| Average Home Value | $296,732 |
Housing Distribution
Address Breakdown
Residential
1,707
Single Family
1,707
Multi-Family
0
Businesses
74
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Listed by: Mitchell Elkins • Elite Realty Group
Mls Name: Lakeway Area AOR
Mls ID: #709480