129 Violet LnBluff CityTN37618
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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 Bluff City at 129 Violet Ln, Bluff City, TN, 37618 uses $132,269 cash to close to unlock $6,185/yr annual cash flow and $515/mo monthly cash flow. Total monthly income runs $2,904/mo, and a $1,953/mo payment keeps the spread at $515/mo. Purchase price stands at $399,000, and rental yield measures 8.73% with $2,904/mo rent. Return on cash invested shows 24.59% in year one, and 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 127.67% and total cumulative return in cash records $168,866. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,904/mo property income covering a $1,953/mo payment rather than investor’s personal income.
Single Family
Built in 2005
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37618, Bluff City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,161 (100%) |
| Owner Occupied HU | 4,582 (74.4%) |
| Renter Occupied HU | 979 (15.9%) |
| Vacant Housing Units | 600 ( 9.7%) |
| Median Home Value | $266,573 |
| Average Home Value | $299,559 |
Housing Distribution
Address Breakdown
Residential
5,680
Single Family
5,680
Multi-Family
0
Businesses
245
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Listed by: Amy Versaw • KW Johnson City
Mls Name: TVRMLS
Mls ID: #9983263