$ 395,000

314 Russell Rd, Rockford, TN 37853  
  • 7,556 sqft

314 Russell Rd, Rockford, TN 37853  

Investor Opportunity! This investor portfolio deal includes 8 homes! 4 single family homes and 4 mobile homes on 7 total parcels. These homes are turn key, professionally managed by a real estate firm, no repairs currently needed, and 100% occupied and would make great investment income starting from the first day of ownership. Tenants pay all utilities, approximately $63K gross income per year, $5250 per month. Taxes approx $2200 per year and insurance approx $2400 per year making cap rate just over 12%! Call for details and to schedule your personal tour today. Occupied, do not disturb tenants. Owner will not finance or break up portfolio, visit for more information.

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