348 N Bells StAlamoTN38001
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 Alamo at 348 N Bells St, Alamo, TN, 38001 generates $2,042/mo in rent and, after a $1,174/mo payment, leaves $606/mo in cash flow. Total monthly income is $2,042/mo, and annual cash flow is $7,273/yr on $79,527 invested. Return on cash invested sits at 29.05% in year one, and rental yield is 10.21% on a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 151.66% and total cumulative return in cash sums $120,607. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,042/mo property income rather than buyer’s personal income.
Single Family
Built in 1982
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chris S Hutchison • CRYE*LEIKE Blue Skies Real Es
Mls Name: CWTAR
Mls Provider:
Mls ID: #246964
Disclaimer: Some or all of the listings displayed may not belong to the firm whose website is being visited. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.