171 Ellis StBean StationTN37708
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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 Bean Station at 171 Ellis St, Bean Station, TN, 37708 uses $76,212 cash to close to unlock $6,336/yr annual cash flow and $528/mo monthly cash flow. Total monthly income runs $1,904/mo, and a $1,125/mo payment keeps the spread at $528/mo. Purchase price stands at $229,900, and rental yield measures 9.94% with $1,904/mo rent. Return on cash invested shows 28.22% in year one, and 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 147.24% and total cumulative return in cash records $112,211. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,904/mo property income covering a $1,125/mo payment rather than investor’s personal income.
Single Family
Built in 1963
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37708, Bean Station, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,818 (100%) |
| Owner Occupied HU | 2,494 (65.3%) |
| Renter Occupied HU | 618 (16.2%) |
| Vacant Housing Units | 706 (18.5%) |
| Median Home Value | $214,146 |
| Average Home Value | $256,788 |
Housing Distribution
Address Breakdown
Residential
3,290
Single Family
3,290
Multi-Family
0
Businesses
191
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Listed by: John McDonald • Castle & Associates Real Estate
Mls Name: Lakeway Area AOR
Mls ID: #709656