610 Reno 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 610 Reno St, Rogersville, TN, 37857 priced at $239,900 pairs $1,934/mo rent with $498/mo cash flow after a $1,174/mo payment. Total monthly income equals $1,934/mo, and annual cash flow comes to $5,977/yr on $79,527 invested. Return on cash invested is 27.43% in year one, and rental yield stands at 9.67% on a $239,900 basis. Equity gained on principal adds $1,548/yr, and 5% annual appreciation accumulates to $66,280 by year five. Five-year ROI measures 142.93% and total cumulative return in cash reaches $113,671. For financing, Ziffy Mortgage’s DSCR program evaluates $1,934/mo property income against a $1,174/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
0.33 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: Wilbur Hite • Clinch Mountain Realty & Auction
Mls Name: Lakeway Area AOR
Mls ID: #709987