245 Poes LnBulls GapTN37711
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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 Bulls Gap at 245 Poes Ln, Bulls Gap, TN, 37711 generates $1,562/mo in rent, after a $1,346/mo payment. Total monthly income is $1,562/mo. Return on cash invested sits at 18.8% in year one, and rental yield is 6.82% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 96.63% and total cumulative return in cash sums $88,091. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,562/mo property income rather than buyer’s personal income.
Manufactured
Built in 2015
3.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37711, Bulls Gap, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,498 (100%) |
| Owner Occupied HU | 1,719 (68.8%) |
| Renter Occupied HU | 407 (16.3%) |
| Vacant Housing Units | 372 (14.9%) |
| Median Home Value | $178,045 |
| Average Home Value | $238,092 |
Housing Distribution
Address Breakdown
Residential
2,305
Single Family
2,305
Multi-Family
0
Businesses
105
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