948 Anderson StBristolTN37620
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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 Bristol at 948 Anderson St, Bristol, TN, 37620 at $344,900 posts ROI 17.33% with from $1,819/mo rent. Total monthly income equals $1,819/mo. Return on cash invested measures 17.33% and rental yield reads 6.33% at the current $344,900. Equity gained on principal adds $2,226/yr, and 5% annual appreciation supports $95,290 by year five. Five-year ROI prints 88.78% and total cumulative return in cash totals $101,505. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,819/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1910
10,018 sqft 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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Listed by: Dave Smith • A Team Real Estate Professionals
Mls Name: TVRMLS
Mls ID: #9966478
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