214 Walden AveOliver SpringsTN37840
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Oliver Springs at 214 Walden Ave, Oliver Springs, TN, 37840 generates $1,799/mo in rent and, after a $1,370/mo payment, leaves $123/mo in cash flow. Total monthly income is $1,799/mo, and annual cash flow is $1,481/yr on $92,787 invested. Return on cash invested sits at 21.51% in year one, and rental yield is 7.71% on a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 111.16% and total cumulative return in cash sums $103,141. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,799/mo property income rather than buyer’s personal income.
Single Family
Built in 1951
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37840, Oliver Springs, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,631 (100%) |
| Owner Occupied HU | 3,358 (72.5%) |
| Renter Occupied HU | 867 (18.7%) |
| Vacant Housing Units | 406 ( 8.8%) |
| Median Home Value | $230,370 |
| Average Home Value | $294,031 |
Housing Distribution
Address Breakdown
Residential
4,142
Single Family
4,142
Multi-Family
0
Businesses
259
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andy Hall • Fox Trail Realty
Mls Name: Lakeway Area AOR
Mls Provider:
Mls ID: #708448
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. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.