124 Wayland BlvdBulls GapTN37711
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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
Rental property for sale in Bulls Gap at 124 Wayland Blvd, Bulls Gap, TN, 37711 offers $1,204/mo rent that, after a $640/mo payment, leaves $421/mo cash flow. Total monthly income is $1,204/mo, and annual cash flow is $5,056/yr on $43,327 cash. Return on cash invested measures 31.58% in year one, and rental yield stands at 11.05% at a $130,700 entry. Equity gained on principal adds $843/yr while 5% annual appreciation compounds into $36,110 by year five. Five-year ROI records 165.25% and total cumulative return in cash reaches $71,599. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,204/mo property income versus a $640/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1975
0.63 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
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