488 Point LnWallingTN38587
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
Investment property for sale in Walling at 488 Point Ln, Walling, TN, 38587 with 5% annual appreciation on a $324,900 basis while $2,040/mo rent supports operations. Total monthly income totals $2,040/mo and a $1,590/mo payment preserves $95/mo for cash returns. Annual cash flow comes to $1,144/yr on $107,704 deployed, and return on cash invested reaches 20.97% in year one. Equity gained on principal adds $2,097/yr, and five-year appreciation sums $89,764 alongside rental yield of 7.53%. Five-year ROI measures 108.29% and total cumulative return in cash totals $116,633.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,040/mo property income versus a $1,590/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2024
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38587, Walling, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 617 (100%) |
| Owner Occupied HU | 454 (73.6%) |
| Renter Occupied HU | 97 (15.7%) |
| Vacant Housing Units | 66 (10.7%) |
| Median Home Value | $178,571 |
| Average Home Value | $204,339 |
Housing Distribution
Address Breakdown
Residential
715
Single Family
715
Multi-Family
0
Businesses
19
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