Drake Plan, Salem LandingRockvaleTN37153
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
Investment property for sale in Rockvale at Drake Plan, Salem Landing, Rockvale, TN, 37153 at $448,990 posts ROI 26.2% with $780/mo cash flow from $3,468/mo rent. Total monthly income equals $3,468/mo, and annual cash flow records $9,358/yr on $148,840 to close. Return on cash invested measures 26.2% and rental yield reads 9.27% at the current $448,990. Equity gained on principal adds $2,897/yr, and 5% annual appreciation supports $124,048 by year five. Five-year ROI prints 136.29% and total cumulative return in cash totals $202,849.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,468/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37153, Rockvale, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,549 (100%) |
| Owner Occupied HU | 2,090 (82.0%) |
| Renter Occupied HU | 375 (14.7%) |
| Vacant Housing Units | 84 ( 3.3%) |
| Median Home Value | $472,920 |
| Average Home Value | $555,800 |
Housing Distribution
Address Breakdown
Residential
2,296
Single Family
2,296
Multi-Family
0
Businesses
115
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