600 Pennsylvania AveBristolTN37620
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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 600 Pennsylvania Ave, Bristol, TN, 37620 offers a 9.54% rental yield on a $174,999 purchase with $1,391/mo rent. Total monthly income registers $1,391/mo, and a $857/mo payment leaves $343/mo available for distribution. Annual cash flow reaches $4,116/yr on $58,012 to close, and return on cash invested stands at 27% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 140.61% and total cumulative return in cash at $81,571. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,391/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1928
8,276 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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Listed by: Mariah Dollar • Your Home Sold Guaranteed Real
Mls Name: GSMAR, GSMMLS
Mls Provider:
Mls ID: #306128
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