216 Old Weaver PikeBluff CityTN37618
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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 Bluff City at 216 Old Weaver Pike, Bluff City, TN, 37618 offers $2,110/mo rent that, after a $1,076/mo payment, leaves $794/mo cash flow. Total monthly income is $2,110/mo, and annual cash flow is $9,527/yr on $72,897 cash. Return on cash invested measures 32.98% in year one, and rental yield stands at 11.51% at a $219,900 entry. Equity gained on principal adds $1,419/yr while 5% annual appreciation compounds into $60,754 by year five. Five-year ROI records 172.64% and total cumulative return in cash reaches $125,848. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,110/mo property income versus a $1,076/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1974
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37618, Bluff City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,161 (100%) |
| Owner Occupied HU | 4,582 (74.4%) |
| Renter Occupied HU | 979 (15.9%) |
| Vacant Housing Units | 600 ( 9.7%) |
| Median Home Value | $266,573 |
| Average Home Value | $299,559 |
Housing Distribution
Address Breakdown
Residential
5,680
Single Family
5,680
Multi-Family
0
Businesses
245
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Listed by: Rachelle Johnson • The Addington Agency Bristol
Mls Name: TVRMLS
Mls ID: #9986788