618 Henson RdBristolTN37620
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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
Rental property for sale in Bristol at 618 Henson Rd, Bristol, TN, 37620 priced at $249,000 pairs $2,134/mo rent with $643/mo cash flow after a $1,219/mo payment. Total monthly income equals $2,134/mo, and annual cash flow comes to $7,718/yr on $82,544 invested. Return on cash invested is 29.26% in year one, and rental yield stands at 10.28% on a $249,000 basis. Equity gained on principal adds $1,607/yr, and 5% annual appreciation accumulates to $68,794 by year five. Five-year ROI measures 152.77% and total cumulative return in cash reaches $126,104. For financing, Ziffy Mortgage’s DSCR program evaluates $2,134/mo property income against a $1,219/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2004
2.22 Acres 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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