189 Bridle WaySpeedwellTN37870
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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
Rental property for sale in Speedwell at 189 Bridle Way, Speedwell, TN, 37870 offers $3,950/mo rent that, after a $8,053/mo payment. Total monthly income is $3,950/mo. Return on cash invested measures 7% in year one, and rental yield stands at 2.88% at a $1,645,321 entry. Equity gained on principal adds $10,617/yr while 5% annual appreciation compounds into $454,572 by year five. Five-year ROI records 33.27% and total cumulative return in cash reaches $177,336. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,950/mo property income versus a $8,053/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2012
0.94 Acres lot
$N/A/sqft
$500 annually HOA
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Listed by: Bruce Hull • Lake Homes Realty
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1301588
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Hendrik Van Leesten - (865) 378-5282.