1039 Traders WalkJohnson CityTN37601
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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 Johnson City at 1039 Traders Walk, Johnson City, TN, 37601 earns $222/mo cash flow from $2,137/mo rent with a $1,566/mo payment. Total monthly income totals $2,137/mo, and annual cash flow totals $2,661/yr on $106,047 capital. ROI tracks 22.42% on current figures, and rental yield reads 8.02% at a $319,900 purchase. Equity gained on principal adds $2,064/yr, and 5% annual appreciation supports $88,382 over five years. Five-year ROI reaches 116.03% and total cumulative return in cash sums $123,044. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,137/mo property income instead of your personal income.
Single Family
Built in 2020
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37601, Johnson City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,636 (100%) |
| Owner Occupied HU | 9,560 (51.3%) |
| Renter Occupied HU | 7,226 (38.8%) |
| Vacant Housing Units | 1,850 ( 9.9%) |
| Median Home Value | $241,667 |
| Average Home Value | $283,480 |
Housing Distribution
Address Breakdown
Residential
17,656
Single Family
16,775
Multi-Family
881
Businesses
1,516
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Listed by: Scott Smith • RE/MAX Preferred
Mls Name: TVRMLS
Mls ID: #9988235