788 Bruce RdWhitevilleTN38075
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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 Whiteville at 788 Bruce Rd, Whiteville, TN, 38075 earns $197/mo cash flow from $1,992/mo rent with a $1,468/mo payment. Total monthly income totals $1,992/mo, and annual cash flow totals $2,359/yr on $99,417 capital. ROI tracks 22.28% on current figures, and rental yield reads 7.97% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 115.32% and total cumulative return in cash sums $114,652. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,992/mo property income instead of your personal income.
Single Family
Built in 2009
2.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38075, Whiteville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,517 (100%) |
| Owner Occupied HU | 943 (62.2%) |
| Renter Occupied HU | 353 (23.3%) |
| Vacant Housing Units | 221 (14.6%) |
| Median Home Value | $121,985 |
| Average Home Value | $200,820 |
Housing Distribution
Address Breakdown
Residential
1,263
Single Family
1,247
Multi-Family
16
Businesses
74
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Listed by: Camela E Henke • Enterprise, REALTORS
Mls Name: MAAR
Mls ID: #10211332