Water View Dr, Rockwood, TN 37854#
Rockwood, TN 37854 | Roane County
Key Metrics#
| Metric | Value |
|---|
| Investment Score | 82/100 |
| Asking Price | $20,000 |
| Acreage | 1.5 acres |
| Price/Acre | $13,698/ac |
| County Median $/Ac | $41,044/ac |
| vs County Median | 33.4% |
| Days on Market | 740 |
| Flood Zone | Unknown |
| HOA | Unknown |
| Broker | Wallace |
| Listing Type | FSBA |
Motivation Signals#
- 740 days on market
- Price dropped $3,900
- Absentee owner
| Field | Value |
|---|
| Owner | K 4K LLC |
| Mailing Address | 16192 COASTAL HWY, LEWES, DE 19958-3608 |
| Assessed Value | $7,500 |
| Market Value | $30,000 |
| Annual Tax | $112 (2025) |
| Last Sale | $15,000 (2022-10-18) |
| Parcel # | 086 06000 |
| Zoning | Residential |
| Legal | DISTRICT: 5; SUBDIVISION: GRANDE VISTA BAY WEST |
Asking/Assessed Ratio: 2.67 (above assessed)
Offer Strategy#
| Level | Offer Price | % of Asking |
|---|
| Aggressive | $10,000 | 50% |
| Standard | $12,000 | 60% |
| Conservative | $14,000 | 70% |
Owner-Finance Projections#
Based on buying at $12,000 (standard offer), selling at 10% interest over 7 years
| Metric | Value |
|---|
| Sale Price (2.5x) | $30,000 |
| Down Payment (15%) | $4,500 |
| Financed Amount | $25,500 |
| Monthly Payment | $423 |
| Total Cash Received | $40,060 |
| Total Invested | $12,400 |
| Gross Profit | $27,660 |
| ROI | 223% |
Due Diligence Links#