6119 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 6119 King Robert Ln, Westmoreland, TN, 37186 earns $221/mo cash flow from $910/mo rent with a $563/mo payment. Total monthly income totals $910/mo, and annual cash flow totals $2,658/yr on $38,123 capital. ROI tracks 26.88% on current figures, and rental yield reads 9.5% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 140.04% and total cumulative return in cash sums $53,385. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $910/mo property income instead of your personal income.
Single Family
Built in 1998
5.63 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: Elizabeth Bannister • simpliHOM
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3066698