665 Patterson RdWallandTN37886
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 Walland at 665 Patterson Rd, Walland, TN, 37886 priced at $325,000 pairs $1,845/mo rent with after a $1,591/mo payment. Total monthly income equals $1,845/mo. Return on cash invested is 18.79% in year one, and rental yield stands at 6.81% on a $325,000 basis. Equity gained on principal adds $2,097/yr, and 5% annual appreciation accumulates to $89,792 by year five. Five-year ROI measures 96.59% and total cumulative return in cash reaches $104,065. For financing, Ziffy Mortgage’s DSCR program evaluates $1,845/mo property income against a $1,591/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1983
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37886, Walland, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,291 (100%) |
| Owner Occupied HU | 1,707 (74.5%) |
| Renter Occupied HU | 285 (12.4%) |
| Vacant Housing Units | 299 (13.1%) |
| Median Home Value | $402,806 |
| Average Home Value | $444,835 |
Housing Distribution
Address Breakdown
Residential
1,945
Single Family
1,945
Multi-Family
0
Businesses
76
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices