111 Brandon LnJonesboroughTN37659
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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 Jonesborough at 111 Brandon Ln, Jonesborough, TN, 37659 uses $85,859 cash to close to unlock $2,583/yr annual cash flow and $215/mo monthly cash flow. Total monthly income runs $1,766/mo, and a $1,268/mo payment keeps the spread at $215/mo. Purchase price stands at $259,000, and rental yield measures 8.18% with $1,766/mo rent. Return on cash invested shows 22.92% in year one, and 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 118.76% and total cumulative return in cash records $101,968. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,766/mo property income covering a $1,268/mo payment rather than investor’s personal income.
Single Family
Built in 1981
0.54 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
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Listed by: Katie Britton • REMAX Checkmate, Inc. Realtors
Mls Name: TVRMLS
Mls ID: #9989998