313 Richards LnBluff CityTN37618
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
Investment property for sale in Bluff City at 313 Richards Ln, Bluff City, TN, 37618 earns from $1,678/mo rent with a $1,566/mo payment. Total monthly income totals $1,678/mo. ROI tracks 17.22% on current figures, and rental yield reads 6.29% at a $320,000 purchase. Equity gained on principal adds $2,065/yr, and 5% annual appreciation supports $88,410 over five years. Five-year ROI reaches 88.19% and total cumulative return in cash sums $93,555. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,678/mo property income instead of your personal income.
Single Family
Built in 1929
5.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37618, Bluff City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,161 (100%) |
| Owner Occupied HU | 4,582 (74.4%) |
| Renter Occupied HU | 979 (15.9%) |
| Vacant Housing Units | 600 ( 9.7%) |
| Median Home Value | $266,573 |
| Average Home Value | $299,559 |
Housing Distribution
Address Breakdown
Residential
5,680
Single Family
5,680
Multi-Family
0
Businesses
245
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mike Rosenbaum • Summit Properties
Mls Name: TVRMLS
Mls ID: #9986212