Newport Plan, Carlton 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
Rental property for sale in Rockvale at Newport Plan, Carlton Landing, Rockvale, TN, 37153 priced at $462,770 converts $2,996/mo rent into $226/mo cash flow after a $2,265/mo obligation. Total monthly income equals $2,996/mo, and annual cash flow totals $2,710/yr on $153,408 invested. Return on cash invested prints 21.68% in year one, and rental yield reads 7.77% against a $462,770 entry. Equity gained on principal adds $2,986/yr, while 5% annual appreciation compiles into $127,855 by year five. Five-year ROI reaches 112.04% and total cumulative return in cash sums $171,883. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,996/mo property income covering a $2,265/mo payment, not borrower’s personal income.
Single Family
Built in 2026
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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