260 Pond Field RdWestpointTN38486
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Westpoint at 260 Pond Field Rd, Westpoint, TN, 38486 priced at $189,000 converts $1,854/mo rent into $723/mo cash flow after a $925/mo obligation. Total monthly income equals $1,854/mo, and annual cash flow totals $8,672/yr on $62,654 invested. Return on cash invested prints 33.75% in year one, and rental yield reads 11.77% against a $189,000 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation compiles into $52,217 by year five. Five-year ROI reaches 176.84% and total cumulative return in cash sums $110,794. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,854/mo property income covering a $925/mo payment, not borrower’s personal income.
Single Family
Built in 1972
4.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38486, Westpoint, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 434 (100%) |
| Owner Occupied HU | 307 (70.7%) |
| Renter Occupied HU | 68 (15.7%) |
| Vacant Housing Units | 59 (13.6%) |
| Median Home Value | $166,071 |
| Average Home Value | $207,419 |
Housing Distribution
Address Breakdown
Residential
467
Single Family
467
Multi-Family
0
Businesses
6
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jason Strain • TriStar Elite Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2821385
Disclaimer: Based on information submitted to the MLS GRID as of 2025-04-24 07:28:05 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#99)