613 Watterson 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
Investment property for sale in Rogersville at 613 Watterson St, Rogersville, TN, 37857 offers a 8.94% rental yield on a $195,000 purchase with $1,452/mo rent. Total monthly income registers $1,452/mo, and a $954/mo payment leaves $285/mo available for distribution. Annual cash flow reaches $3,421/yr on $64,643 to close, and return on cash invested stands at 25.2% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Portfolio math shows five-year ROI at 131.02% and total cumulative return in cash at $84,694. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,452/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
10,018 sqft 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: Marivel Villa • Keller Williams Properties
Mls Name: Lakeway Area AOR
Mls ID: #710088