106 N Spring DrJacksonTN38305
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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 Jackson at 106 N Spring Dr, Jackson, TN, 38305 offers a 7.82% rental yield on a $665,000 purchase with $4,336/mo rent. Total monthly income registers $4,336/mo, and a $3,255/mo payment leaves $355/mo available for distribution. Annual cash flow reaches $4,260/yr on $218,785 to close, and return on cash invested stands at 22.01% in year one. Equity gained on principal adds $4,291/yr while 5% annual appreciation supports $183,727 over five years. Portfolio math shows five-year ROI at 113.81% and total cumulative return in cash at $249,007. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,336/mo property income against a $3,255/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38305, Jackson, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,405 (100%) |
| Owner Occupied HU | 14,534 (62.1%) |
| Renter Occupied HU | 7,317 (31.3%) |
| Vacant Housing Units | 1,554 ( 6.6%) |
| Median Home Value | $272,148 |
| Average Home Value | $321,889 |
Housing Distribution
Address Breakdown
Residential
22,756
Single Family
20,306
Multi-Family
2,450
Businesses
2,097
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