159 Peoples RdBristolTN37620
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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 159 Peoples Rd, Bristol, TN, 37620 offers a 10.02% rental yield on a $199,000 purchase with $1,661/mo rent. Total monthly income registers $1,661/mo, and a $974/mo payment leaves $470/mo available for distribution. Annual cash flow reaches $5,637/yr on $65,969 to close, and return on cash invested stands at 28.45% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 148.41% and total cumulative return in cash at $97,902. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,661/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2001
1 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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