224 Wagoners WayWestmorelandTN37186
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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 Westmoreland at 224 Wagoners Way, Westmoreland, TN, 37186 at $339,900 posts ROI 18.04% with from $1,860/mo rent. Total monthly income equals $1,860/mo. Return on cash invested measures 18.04% and rental yield reads 6.57% at the current $339,900. Equity gained on principal adds $2,193/yr, and 5% annual appreciation supports $93,908 by year five. Five-year ROI prints 92.56% and total cumulative return in cash totals $104,291. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,860/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37186, Westmoreland, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,216 (100%) |
| Owner Occupied HU | 2,949 (69.9%) |
| Renter Occupied HU | 951 (22.6%) |
| Vacant Housing Units | 316 ( 7.5%) |
| Median Home Value | $232,183 |
| Average Home Value | $292,252 |
Housing Distribution
Address Breakdown
Residential
4,237
Single Family
4,237
Multi-Family
0
Businesses
158
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Listed by: GWEN DOWLAND • RE/MAX Choice Properties
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3079943