124 BoardwalkBristolTN37620
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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 Bristol at 124 Boardwalk, Bristol, TN, 37620 at $259,900 posts ROI 32.67% with $916/mo cash flow from $2,472/mo rent. Total monthly income equals $2,472/mo, and annual cash flow records $10,995/yr on $86,157 to close. Return on cash invested measures 32.67% and rental yield reads 11.41% 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 171.06% and total cumulative return in cash totals $147,382.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,472/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1998
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37620, Bristol, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,823 (100%) |
| Owner Occupied HU | 12,091 (64.2%) |
| Renter Occupied HU | 4,843 (25.7%) |
| Vacant Housing Units | 1,889 (10.0%) |
| Median Home Value | $251,361 |
| Average Home Value | $267,384 |
Housing Distribution
Address Breakdown
Residential
18,197
Single Family
17,543
Multi-Family
654
Businesses
1,339
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Listed by: Brie Kite • The Addington Agency Bristol
Mls Name: TVRMLS
Mls ID: #9984674
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