97 Collins River DrRock IslandTN38581
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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 Rock Island at 97 Collins River Dr, Rock Island, TN, 38581 listed at $625,000 pairs $0/mo rent with a $3,059/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -1.77% in year one, and rental yield registers 0% at a $625,000 basis. Equity gained on principal adds $4,033/yr, and annual property appreciation at 5% supports $172,676 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $3,059/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
1.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38581, Rock Island, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,181 (100%) |
| Owner Occupied HU | 1,584 (72.6%) |
| Renter Occupied HU | 307 (14.1%) |
| Vacant Housing Units | 290 (13.3%) |
| Median Home Value | $275,385 |
| Average Home Value | $320,592 |
Housing Distribution
Address Breakdown
Residential
1,916
Single Family
1,916
Multi-Family
0
Businesses
75
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Baker Reynolds • Keller Williams Realty Mt. Juliet
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2897488
Disclaimer: Based on information submitted to the MLS GRID as of 2025-05-29 07:23:15 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#99)