74 Mill StHollow RockTN38342
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hollow Rock at 74 Mill St, Hollow Rock, TN, 38342 generates $1,207/mo in rent and, after a $675/mo payment, leaves $381/mo in cash flow. Total monthly income is $1,207/mo, and annual cash flow is $4,576/yr on $45,747 invested. Return on cash invested sits at 29.91% in year one, and rental yield is 10.5% on a $138,000 entry. Equity gained on principal adds $890/yr, while 5% annual appreciation builds toward $38,127 over five years. Five-year ROI reaches 156.27% and total cumulative return in cash sums $71,490. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,207/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
8,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38342, Hollow Rock, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 660 (100%) |
| Owner Occupied HU | 470 (71.2%) |
| Renter Occupied HU | 118 (17.9%) |
| Vacant Housing Units | 72 (10.9%) |
| Median Home Value | $121,341 |
| Average Home Value | $187,968 |
Housing Distribution
Address Breakdown
Residential
611
Single Family
611
Multi-Family
0
Businesses
27
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chris S Hutchison • CRYE*LEIKE Blue Skies Real Es
Mls Name: CWTAR
Mls Provider:
Mls ID: #245453
Disclaimer: Some or all of the listings displayed may not belong to the firm whose website is being visited. 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.