310 Union St NBolivarTN38008
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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 Bolivar at 310 Union St N, Bolivar, TN, 38008 uses $39,449 cash to close to unlock $4,345/yr annual cash flow and $362/mo monthly cash flow. Total monthly income runs $1,074/mo, and a $582/mo payment keeps the spread at $362/mo. Purchase price stands at $119,000, and rental yield measures 10.83% with $1,074/mo rent. Return on cash invested shows 30.92% in year one, and 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 161.75% and total cumulative return in cash records $63,809. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,074/mo property income covering a $582/mo payment rather than investor’s personal income.
Multi Family
Built in 1938
6,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38008, Bolivar, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,318 (100%) |
| Owner Occupied HU | 2,382 (55.2%) |
| Renter Occupied HU | 1,400 (32.4%) |
| Vacant Housing Units | 536 (12.4%) |
| Median Home Value | $152,900 |
| Average Home Value | $223,174 |
Housing Distribution
Address Breakdown
Residential
3,965
Single Family
3,834
Multi-Family
131
Businesses
424
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