582 Doug Luna RdWallingTN38587
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 Walling at 582 Doug Luna Rd, Walling, TN, 38587 offers $2,040/mo rent that, after a $1,101/mo payment, leaves $693/mo cash flow. Total monthly income is $2,040/mo, and annual cash flow is $8,320/yr on $74,588 cash. Return on cash invested measures 31.06% in year one, and rental yield stands at 10.88% at a $225,000 entry. Equity gained on principal adds $1,452/yr while 5% annual appreciation compounds into $62,163 by year five. Five-year ROI records 162.43% and total cumulative return in cash reaches $121,149. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,040/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2015
5.10 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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Nearby investment properties with comparable prices
Listed by: Robbie Porter • The Real Estate Collective Sparta
Mls Name: UCMLS
Mls Provider:
Mls ID: #240976
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