282 Walnut Hill 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
Investment property for sale in Bristol at 282 Walnut Hill Rd, Bristol, TN, 37620 earns $686/mo cash flow from $1,937/mo rent with a $1,023/mo payment. Total monthly income totals $1,937/mo, and annual cash flow totals $8,230/yr on $69,284 capital. ROI tracks 31.79% on current figures, and rental yield reads 11.12% at a $209,000 purchase. Equity gained on principal adds $1,349/yr, and 5% annual appreciation supports $57,743 over five years. Five-year ROI reaches 166.29% and total cumulative return in cash sums $115,214. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,937/mo property income instead of your personal income.
Single Family
Built in 1950
0.38 Acres 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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