37 W Tracy StBellsTN38006
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 Bells at 37 W Tracy St, Bells, TN, 38006 priced at $200,700 converts $2,351/mo rent into $1,150/mo cash flow after a $982/mo obligation. Total monthly income equals $2,351/mo, and annual cash flow totals $13,799/yr on $66,532 invested. Return on cash invested prints 40.65% in year one, and rental yield reads 14.06% against a $200,700 entry. Equity gained on principal adds $1,295/yr, while 5% annual appreciation compiles into $55,450 by year five. Five-year ROI reaches 213.79% and total cumulative return in cash sums $142,236. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,351/mo property income covering a $982/mo payment, not borrower’s personal income.
Single Family
Built in 1970
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38006, Bells, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,172 (100%) |
| Owner Occupied HU | 1,407 (64.8%) |
| Renter Occupied HU | 581 (26.7%) |
| Vacant Housing Units | 184 ( 8.5%) |
| Median Home Value | $167,370 |
| Average Home Value | $245,746 |
Housing Distribution
Address Breakdown
Residential
1,915
Single Family
1,880
Multi-Family
35
Businesses
103
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices