123 N Main StBulls GapTN37711
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 123 N Main St, Bulls Gap, TN, 37711 in Bulls Gap hard to pass up. The 10.29% gross yield on a $229,000 purchase results in $1,964/mo in rent and $594/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.91). Annual cash flow of $7,123, five-year appreciation of $63,268, and $2,109/yr in equity build-up combine for a projected total cumulative return of $124,854.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 6.2% |
| Monthly Cash Flow | $594 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,964 |
| Total Monthly Debt Service | $1,280 |
| DSCR Ratio | 1.53x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1965
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37711, Bulls Gap, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,498 (100%) |
| Owner Occupied HU | 1,719 (68.8%) |
| Renter Occupied HU | 407 (16.3%) |
| Vacant Housing Units | 372 (14.9%) |
| Median Home Value | $178,045 |
| Average Home Value | $238,092 |
Housing Distribution
Address Breakdown
Residential
2,305
Single Family
2,305
Multi-Family
0
Businesses
105
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
Single Family
Built in 1965
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37711, Bulls Gap, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,498 (100%) |
| Owner Occupied HU | 1,719 (68.8%) |
| Renter Occupied HU | 407 (16.3%) |
| Vacant Housing Units | 372 (14.9%) |
| Median Home Value | $178,045 |
| Average Home Value | $238,092 |
Housing Distribution
Address Breakdown
Residential
2,305
Single Family
2,305
Multi-Family
0
Businesses
105
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices