3006 Bootknife DrBell BuckleTN37020
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 Bell Buckle at 3006 Bootknife Dr, Bell Buckle, TN, 37020 priced at $454,900 converts $2,860/mo rent into $136/mo cash flow after a $2,227/mo obligation. Total monthly income equals $2,860/mo, and annual cash flow totals $1,637/yr on $150,799 invested. Return on cash invested prints 20.99% in year one, and rental yield reads 7.54% against a $454,900 entry. Equity gained on principal adds $2,935/yr, while 5% annual appreciation compiles into $125,680 by year five. Five-year ROI reaches 108.41% and total cumulative return in cash sums $163,484. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,860/mo property income covering a $2,227/mo payment, not borrower’s personal income.
Single Family
Built in 2024
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37020, Bell Buckle, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,268 (100%) |
| Owner Occupied HU | 1,871 (82.5%) |
| Renter Occupied HU | 250 (11.0%) |
| Vacant Housing Units | 147 ( 6.5%) |
| Median Home Value | $403,517 |
| Average Home Value | $477,288 |
Housing Distribution
Address Breakdown
Residential
2,025
Single Family
2,025
Multi-Family
0
Businesses
69
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Listed by: Tony Crabtree • EXIT REALTY BOB LAMB & ASSOCIATES
Mls Name: Exit Realty
Mls Provider:
Mls ID: #2822941