224 W Millers Cove RdWallandTN37886
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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 Walland at 224 W Millers Cove Rd, Walland, TN, 37886 at $437,600 posts ROI 19.17% with from $2,530/mo rent. Total monthly income equals $2,530/mo. Return on cash invested measures 19.17% and rental yield reads 6.94% at the current $437,600. Equity gained on principal adds $2,824/yr, and 5% annual appreciation supports $120,901 by year five. Five-year ROI prints 98.61% and total cumulative return in cash totals $143,053. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,530/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1952
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37886, Walland, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,291 (100%) |
| Owner Occupied HU | 1,707 (74.5%) |
| Renter Occupied HU | 285 (12.4%) |
| Vacant Housing Units | 299 (13.1%) |
| Median Home Value | $402,806 |
| Average Home Value | $444,835 |
Housing Distribution
Address Breakdown
Residential
1,945
Single Family
1,945
Multi-Family
0
Businesses
76
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