230 Roger AveBolivarTN38008
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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 Bolivar at 230 Roger Ave, Bolivar, TN, 38008 priced at $165,000 converts $1,265/mo rent into $277/mo cash flow after a $808/mo obligation. Total monthly income equals $1,265/mo, and annual cash flow totals $3,322/yr on $54,698 invested. Return on cash invested prints 25.98% in year one, and rental yield reads 9.2% against a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation compiles into $45,586 by year five. Five-year ROI reaches 135.16% and total cumulative return in cash sums $73,931. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,265/mo property income covering a $808/mo payment, not borrower’s personal income.
Single Family
Built in 1972
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38008, Bolivar, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,318 (100%) |
| Owner Occupied HU | 2,382 (55.2%) |
| Renter Occupied HU | 1,400 (32.4%) |
| Vacant Housing Units | 536 (12.4%) |
| Median Home Value | $152,900 |
| Average Home Value | $223,174 |
Housing Distribution
Address Breakdown
Residential
3,965
Single Family
3,834
Multi-Family
131
Businesses
424
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