681 Highway 92RutledgeTN37861
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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 Rutledge at 681 Highway 92, Rutledge, TN, 37861 uses $39,747 cash to close to unlock $11,017/yr annual cash flow and $918/mo monthly cash flow. Total monthly income runs $1,636/mo, and a $587/mo payment keeps the spread at $918/mo. Purchase price stands at $119,900, and rental yield measures 16.37% with $1,636/mo rent. Return on cash invested shows 47.63% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 251.34% and total cumulative return in cash records $99,900. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,636/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1955
1.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37861, Rutledge, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,640 (100%) |
| Owner Occupied HU | 2,996 (64.6%) |
| Renter Occupied HU | 840 (18.1%) |
| Vacant Housing Units | 804 (17.3%) |
| Median Home Value | $245,730 |
| Average Home Value | $283,334 |
Housing Distribution
Address Breakdown
Residential
4,286
Single Family
4,184
Multi-Family
102
Businesses
224
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Listed by: Hix Masengill • Century 21 Masengill-McCrary
Mls Name: Lakeway Area AOR
Mls Provider:
Mls ID: #705707
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.