624 Melinda Ferry RdRogersvilleTN37857
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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 624 Melinda Ferry Rd, Rogersville, TN, 37857 earns from $2,032/mo rent with a $1,786/mo payment. Total monthly income totals $2,032/mo. ROI tracks 18.4% on current figures, and rental yield reads 6.68% at a $365,000 purchase. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,843 over five years. Five-year ROI reaches 94.48% and total cumulative return in cash sums $114,319. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,032/mo property income instead of your personal income.
Single Family
Built in 1990
0.46 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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