10 Smith DrGrand JunctionTN38039
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 Grand Junction at 10 Smith Dr, Grand Junction, TN, 38039 priced at $165,000 pairs $1,268/mo rent with $280/mo cash flow after a $808/mo payment. Total monthly income equals $1,268/mo, and annual cash flow comes to $3,358/yr on $54,698 invested. Return on cash invested is 26.05% in year one, and rental yield stands at 9.22% on a $165,000 basis. Equity gained on principal adds $1,065/yr, and 5% annual appreciation accumulates to $45,586 by year five. Five-year ROI measures 135.49% and total cumulative return in cash reaches $74,111. For financing, Ziffy Mortgage’s DSCR program evaluates $1,268/mo property income against a $808/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1992
1.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38039, Grand Junction, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 759 (100%) |
| Owner Occupied HU | 540 (71.1%) |
| Renter Occupied HU | 122 (16.1%) |
| Vacant Housing Units | 97 (12.8%) |
| Median Home Value | $150,000 |
| Average Home Value | $221,014 |
Housing Distribution
Address Breakdown
Residential
600
Single Family
600
Multi-Family
0
Businesses
54
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Listed by: Myra B Sheddan • Marx-Bensdorf, REALTORS
Mls Name: MAAR
Mls ID: #10204248