260 Walelu TrlVonoreTN37885
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 Vonore at 260 Walelu Trl, Vonore, TN, 37885 offers $2,696/mo rent that, after a $1,955/mo payment, leaves $123/mo cash flow. Total monthly income is $2,696/mo, and annual cash flow is $1,476/yr on $132,401 cash. Return on cash invested measures 21.02% in year one, and rental yield stands at 8.1% at a $399,400 entry. Equity gained on principal adds $2,577/yr while 5% annual appreciation compounds into $110,347 by year five. Five-year ROI records 109.14% and total cumulative return in cash reaches $144,499. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,696/mo property income versus a $1,955/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
0.77 Acres lot
$N/A/sqft
$182 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37885, Vonore, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,210 (100%) |
| Owner Occupied HU | 2,386 (74.3%) |
| Renter Occupied HU | 483 (15.0%) |
| Vacant Housing Units | 341 (10.6%) |
| Median Home Value | $393,593 |
| Average Home Value | $461,332 |
Housing Distribution
Address Breakdown
Residential
3,041
Single Family
3,041
Multi-Family
0
Businesses
206
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices