1039 Tomahawk TerJohnson CityTN37604
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 1039 Tomahawk Ter, Johnson City, TN, 37604 in Johnson City. At $358,020 it earns $2,940/mo in rent and distributes $759/mo to the owner after the $1,610/mo payment, a consistent 9.85% yield. DSCR 1.83 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $98,914 in value; $3,297/yr in principal paydown compounds ownership stake. Total projected return: $184,476.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 6.2% |
| Monthly Cash Flow | $759 | $450 |
City averages based on Johnson City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,940 |
| Total Monthly Debt Service | $2,038 |
| DSCR Ratio | 1.44x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
8,712 sqft lot
$N/A/sqft
$450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37604, Johnson City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,825 (100%) |
| Owner Occupied HU | 9,345 (47.1%) |
| Renter Occupied HU | 8,864 (44.7%) |
| Vacant Housing Units | 1,616 ( 8.2%) |
| Median Home Value | $275,464 |
| Average Home Value | $313,478 |
Housing Distribution
Address Breakdown
Residential
18,525
Single Family
17,738
Multi-Family
787
Businesses
1,598
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
Single Family
Built in 2025
8,712 sqft lot
$N/A/sqft
$450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37604, Johnson City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,825 (100%) |
| Owner Occupied HU | 9,345 (47.1%) |
| Renter Occupied HU | 8,864 (44.7%) |
| Vacant Housing Units | 1,616 ( 8.2%) |
| Median Home Value | $275,464 |
| Average Home Value | $313,478 |
Housing Distribution
Address Breakdown
Residential
18,525
Single Family
17,738
Multi-Family
787
Businesses
1,598
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sydnee Birkner • D.R. Horton Northeast TN
Mls Name: TVRMLS
Mls ID: #9978153
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