316 N Bells StAlamoTN38001
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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 Alamo at 316 N Bells St, Alamo, TN, 38001 priced at $190,000 converts $1,566/mo rent into $429/mo cash flow after a $930/mo obligation. Total monthly income equals $1,566/mo, and annual cash flow totals $5,143/yr on $62,985 invested. Return on cash invested prints 28.07% in year one, and rental yield reads 9.89% against a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation compiles into $52,494 by year five. Five-year ROI reaches 146.4% and total cumulative return in cash sums $92,208. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,566/mo property income covering a $930/mo payment, not borrower’s personal income.
Single Family
Built in 1970
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38001, Alamo, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,029 (100%) |
| Owner Occupied HU | 1,327 (65.4%) |
| Renter Occupied HU | 531 (26.2%) |
| Vacant Housing Units | 171 ( 8.4%) |
| Median Home Value | $146,922 |
| Average Home Value | $179,026 |
Housing Distribution
Address Breakdown
Residential
1,897
Single Family
1,889
Multi-Family
8
Businesses
234
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