340 Walnut DrSpringvilleTN38256
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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 Springville at 340 Walnut Dr, Springville, TN, 38256 earns $34/mo cash flow from $1,170/mo rent with a $929/mo payment. Total monthly income totals $1,170/mo, and annual cash flow totals $404/yr on $62,952 capital. ROI tracks 20.55% on current figures, and rental yield reads 7.39% at a $189,900 purchase. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 over five years. Five-year ROI reaches 106.03% and total cumulative return in cash sums $66,749. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,170/mo property income instead of your personal income.
Single Family
Built in 1965
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38256, Springville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,026 (100%) |
| Owner Occupied HU | 1,321 (43.7%) |
| Renter Occupied HU | 266 ( 8.8%) |
| Vacant Housing Units | 1,439 (47.6%) |
| Median Home Value | $216,304 |
| Average Home Value | $304,667 |
Housing Distribution
Address Breakdown
Residential
2,301
Single Family
2,301
Multi-Family
0
Businesses
62
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Listed by: Pamela Bygden • Lake Realty, LLC
Mls Name: My State MLS
Mls ID: #11440187