602 Moore Rd NW, Charleston, TN, 37310 | $185/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1488 sft

441 15th St NW, Cleveland, TN, 37311

3 Bed
2 Bath
1895 sft

2524 Spring Place Rd SE, Cleveland, TN, 37323

3 Bed
3 Bath
2200 sft

231 Todd Rd SE, Cleveland, TN, 37323

3 Bed
2 Bath
1608 sft

2904 Bryant Dr SW, Cleveland, TN, 37311

Nearby investment properties with comparable prices

4 Bed
3 Bath
1991 sft

Belhaven Plan, Powell Meadows, Cleveland, TN, 37323

3 Bed
2 Bath
1332 sft

3010 Clearwater Dr NE, Cleveland, TN, 37312

2 Bed
2 Bath
1362 sft

The Bluebell Plan, James Creek, Ooltewah, TN, 37363

3 Bed
3 Bath
2164 sft

Penwell Plan, Owensby Farms, Dayton, TN, 37321

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Charleston at 602 Moore Rd NW, Charleston, TN, 37310 offers $2,369/mo rent that, after a $1,786/mo payment, leaves $185/mo cash flow. Total monthly income is $2,369/mo, and annual cash flow is $2,214/yr on $120,998 cash. Return on cash invested measures 21.74% in year one, and rental yield stands at 7.79% at a $365,000 entry. Equity gained on principal adds $2,355/yr while 5% annual appreciation compounds into $100,843 by year five. Five-year ROI records 112.4% and total cumulative return in cash reaches $136,003. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,369/mo property income versus a $1,786/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1935

1.76 Acres lot

$N/A/sqft

No HOA