41 Tulip Grove Cir APT 6BristolTN37620
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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 Bristol at 41 Tulip Grove Cir APT 6, Bristol, TN, 37620 offers a 11.11% rental yield on a $185,000 purchase with $1,713/mo rent. Total monthly income registers $1,713/mo, and a $905/mo payment leaves $606/mo available for distribution. Annual cash flow reaches $7,272/yr on $61,328 to close, and return on cash invested stands at 31.77% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 166.25% and total cumulative return in cash at $101,955. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,713/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2005
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37620, Bristol, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,823 (100%) |
| Owner Occupied HU | 12,091 (64.2%) |
| Renter Occupied HU | 4,843 (25.7%) |
| Vacant Housing Units | 1,889 (10.0%) |
| Median Home Value | $251,361 |
| Average Home Value | $267,384 |
Housing Distribution
Address Breakdown
Residential
18,197
Single Family
17,543
Multi-Family
654
Businesses
1,339
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