206 S Bridal Veil DrMonteagleTN37356
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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 Monteagle at 206 S Bridal Veil Dr, Monteagle, TN, 37356 offers $1,020/mo rent that, after a $6,113/mo payment. Total monthly income is $1,020/mo. Return on cash invested measures 1.22% in year one, and rental yield stands at 0.98% at a $1,249,000 entry. Equity gained on principal adds $8,060/yr while 5% annual appreciation compounds into $345,076 by year five. Five-year ROI records 2.28% and total cumulative return in cash reaches $9,215. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,020/mo property income versus a $6,113/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
6.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37356, Monteagle, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,541 (100%) |
| Owner Occupied HU | 908 (58.9%) |
| Renter Occupied HU | 235 (15.2%) |
| Vacant Housing Units | 398 (25.8%) |
| Median Home Value | $274,000 |
| Average Home Value | $288,532 |
Housing Distribution
Address Breakdown
Residential
1,082
Single Family
1,082
Multi-Family
0
Businesses
159
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