1416 E Cedar StBristolTN37620
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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 1416 E Cedar St, Bristol, TN, 37620 earns $587/mo cash flow from $1,993/mo rent with a $1,150/mo payment. Total monthly income totals $1,993/mo, and annual cash flow totals $7,039/yr on $77,869 capital. ROI tracks 28.95% on current figures, and rental yield reads 10.18% at a $234,900 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,899 over five years. Five-year ROI reaches 151.08% and total cumulative return in cash sums $117,645. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,993/mo property income instead of your personal income.
Multi Family
Built in 1943
0.58 Acres 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: Henry Denton • The Addington Agency Bristol
Mls Name: TVRMLS
Mls ID: #9980844
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