12420 Old Kentucky RdWallingTN38587
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 Walling at 12420 Old Kentucky Rd, Walling, TN, 38587 offers a 14.73% rental yield on a $129,900 purchase with $1,594/mo rent. Total monthly income registers $1,594/mo, and a $636/mo payment leaves $816/mo available for distribution. Annual cash flow reaches $9,794/yr on $43,062 to close, and return on cash invested stands at 42.65% in year one. Equity gained on principal adds $838/yr while 5% annual appreciation supports $35,889 over five years. Portfolio math shows five-year ROI at 224.65% and total cumulative return in cash at $96,739. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,594/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38587, Walling, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 617 (100%) |
| Owner Occupied HU | 454 (73.6%) |
| Renter Occupied HU | 97 (15.7%) |
| Vacant Housing Units | 66 (10.7%) |
| Median Home Value | $178,571 |
| Average Home Value | $204,339 |
Housing Distribution
Address Breakdown
Residential
715
Single Family
715
Multi-Family
0
Businesses
19
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Listed by: Missy Selby • The Real Estate Collective Sparta
Mls Name: UCMLS
Mls Provider:
Mls ID: #236388
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