6112 King Robert LnWestmorelandTN37186
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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 Westmoreland at 6112 King Robert Ln, Westmoreland, TN, 37186 uses $61,328 cash to close to unlock $8,316/yr annual cash flow and $693/mo monthly cash flow. Total monthly income runs $1,800/mo, and a $905/mo payment keeps the spread at $693/mo. Purchase price stands at $185,000, and rental yield measures 11.68% with $1,800/mo rent. Return on cash invested shows 33.47% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 175.38% and total cumulative return in cash records $107,559. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,800/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 2000
1.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37186, Westmoreland, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,216 (100%) |
| Owner Occupied HU | 2,949 (69.9%) |
| Renter Occupied HU | 951 (22.6%) |
| Vacant Housing Units | 316 ( 7.5%) |
| Median Home Value | $232,183 |
| Average Home Value | $292,252 |
Housing Distribution
Address Breakdown
Residential
4,237
Single Family
4,237
Multi-Family
0
Businesses
158
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Listed by: Flor Melgar, Managing Broker, Realtor • Mi Casa Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2944729