107 Jay Armentrout RdJonesboroughTN37659
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 Jonesborough at 107 Jay Armentrout Rd, Jonesborough, TN, 37659 priced at $549,000 converts $2,714/mo rent into after a $2,687/mo obligation. Total monthly income equals $2,714/mo. Return on cash invested prints 16.26% in year one, and rental yield reads 5.93% against a $549,000 entry. Equity gained on principal adds $3,543/yr, while 5% annual appreciation compiles into $151,679 by year five. Five-year ROI reaches 82.96% and total cumulative return in cash sums $149,840. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,714/mo property income covering a $2,687/mo payment, not borrower’s personal income.
Single Family
Built in 2013
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37659, Jonesborough, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,559 (100%) |
| Owner Occupied HU | 10,481 (77.3%) |
| Renter Occupied HU | 2,122 (15.7%) |
| Vacant Housing Units | 956 ( 7.1%) |
| Median Home Value | $339,111 |
| Average Home Value | $421,775 |
Housing Distribution
Address Breakdown
Residential
13,286
Single Family
13,212
Multi-Family
74
Businesses
533
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian Parlier • Hurd Realty, LLC
Mls Name: TVRMLS
Mls ID: #9984010