1038 Lake StBolivarTN38008
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 Bolivar at 1038 Lake St, Bolivar, TN, 38008 at $259,900 posts ROI 27.09% with $515/mo cash flow from $2,071/mo rent. Total monthly income equals $2,071/mo, and annual cash flow records $6,183/yr on $86,157 to close. Return on cash invested measures 27.09% and rental yield reads 9.56% at the current $259,900. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 by year five. Five-year ROI prints 141.1% and total cumulative return in cash totals $121,570.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,071/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1966
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38008, Bolivar, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,318 (100%) |
| Owner Occupied HU | 2,382 (55.2%) |
| Renter Occupied HU | 1,400 (32.4%) |
| Vacant Housing Units | 536 (12.4%) |
| Median Home Value | $152,900 |
| Average Home Value | $223,174 |
Housing Distribution
Address Breakdown
Residential
3,965
Single Family
3,834
Multi-Family
131
Businesses
424
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