46 Bluff Point Ridge RdWaverlyTN37185
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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 Waverly at 46 Bluff Point Ridge Rd, Waverly, TN, 37185 generates $1,460/mo in rent and, after a $1,052/mo payment, leaves $173/mo in cash flow. Total monthly income is $1,460/mo, and annual cash flow is $2,079/yr on $71,273 invested. Return on cash invested sits at 22.83% in year one, and rental yield is 8.15% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 118.26% and total cumulative return in cash sums $84,289. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,460/mo property income rather than buyer’s personal income.
Manufactured
Built in 1990
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37185, Waverly, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,432 (100%) |
| Owner Occupied HU | 2,589 (58.4%) |
| Renter Occupied HU | 1,050 (23.7%) |
| Vacant Housing Units | 793 (17.9%) |
| Median Home Value | $207,154 |
| Average Home Value | $272,510 |
Housing Distribution
Address Breakdown
Residential
4,001
Single Family
3,876
Multi-Family
125
Businesses
388
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