$ 250,000

314 Russell Rd, Rockford, TN 37853  
  • 4,316 sqft

314 Russell Rd, Rockford, TN 37853  

Investor Opportunity with 4 single family homes on 4 separate parcels! These homes are turn key, professionally managed by a real estate firm, no repairs currently needed, would make great investment income starting from the first day of ownership. Tenants pay all utilities, approximately $34,800 gross income per year, $2900 per month, taxes approx $1768 per year and insurance approx $1800 per year. Total tax value of $286,400. Potential Cap Rate after 10% management and 10% vacancy/repairs approximately 9.71% Call for details and to schedule your personal tour today. Occupied, do not disturb tenants.

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