824 Howell River RdRutledgeTN37861
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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 Rutledge at 824 Howell River Rd, Rutledge, TN, 37861 offers $3,078/mo rent that, after a $2,104/mo payment, leaves $505/mo cash flow. Total monthly income is $3,078/mo, and annual cash flow is $6,056/yr on $142,512 cash. Return on cash invested measures 24.16% in year one, and rental yield stands at 8.59% at a $429,900 entry. Equity gained on principal adds $2,774/yr while 5% annual appreciation compounds into $118,773 by year five. Five-year ROI records 125.37% and total cumulative return in cash reaches $178,663. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,078/mo property income versus a $2,104/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2008
3.20 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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