261 E Leatherwood DrWallandTN37886
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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 Walland at 261 E Leatherwood Dr, Walland, TN, 37886 with 5% annual appreciation on a $395,000 basis while $2,040/mo rent supports operations. 94% in year one. Equity gained on principal adds $2,549/yr, and five-year appreciation sums $109,131 alongside rental yield of 6.2%. Five-year ROI measures 86.63% and total cumulative return in cash totals $113,442. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,040/mo property income versus a $1,933/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2018
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37886, Walland, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,291 (100%) |
| Owner Occupied HU | 1,707 (74.5%) |
| Renter Occupied HU | 285 (12.4%) |
| Vacant Housing Units | 299 (13.1%) |
| Median Home Value | $402,806 |
| Average Home Value | $444,835 |
Housing Distribution
Address Breakdown
Residential
1,945
Single Family
1,945
Multi-Family
0
Businesses
76
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