275 Carlton RdBristolTN37620
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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 Bristol at 275 Carlton Rd, Bristol, TN, 37620 priced at $411,800 converts $2,752/mo rent into $286/mo cash flow after a $2,016/mo obligation. Total monthly income equals $2,752/mo, and annual cash flow totals $3,437/yr on $136,512 invested. Return on cash invested prints 22.43% in year one, and rental yield reads 8.02% against a $411,800 entry. Equity gained on principal adds $2,657/yr, while 5% annual appreciation compiles into $113,773 by year five. Five-year ROI reaches 116.09% and total cumulative return in cash sums $158,473. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,752/mo property income covering a $2,016/mo payment, not borrower’s personal income.
Single Family
Built in 1997
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37620, Bristol, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,823 (100%) |
| Owner Occupied HU | 12,091 (64.2%) |
| Renter Occupied HU | 4,843 (25.7%) |
| Vacant Housing Units | 1,889 (10.0%) |
| Median Home Value | $251,361 |
| Average Home Value | $267,384 |
Housing Distribution
Address Breakdown
Residential
18,197
Single Family
17,543
Multi-Family
654
Businesses
1,339
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