110 Lennox DrJefferson CityTN37760
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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
Rental property for sale in Jefferson City at 110 Lennox Dr, Jefferson City, TN, 37760 priced at $279,900 converts $1,845/mo rent into $169/mo cash flow after a $1,370/mo obligation. Total monthly income equals $1,845/mo, and annual cash flow totals $2,033/yr on $92,787 invested. Return on cash invested prints 22.1% in year one, and rental yield reads 7.91% against a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation compiles into $77,331 by year five. Five-year ROI reaches 114.35% and total cumulative return in cash sums $106,105. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,845/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Single Family
Built in 1971
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37760, Jefferson City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,270 (100%) |
| Owner Occupied HU | 3,622 (57.8%) |
| Renter Occupied HU | 1,975 (31.5%) |
| Vacant Housing Units | 673 (10.7%) |
| Median Home Value | $236,678 |
| Average Home Value | $279,691 |
Housing Distribution
Address Breakdown
Residential
5,842
Single Family
5,670
Multi-Family
172
Businesses
543
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Listed by: Frances Vineyard • Southern Homes & Farms, LLC
Mls Name: East Tennessee Realtors
Mls ID: #1311293