1116 W Cove RdJamestownTN38556
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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 Jamestown at 1116 W Cove Rd, Jamestown, TN, 38556 listed at $169,900 pairs $780/mo rent with a $832/mo payment. Total monthly income runs $780/mo. Return on cash invested measures 14.85% in year one, and rental yield registers 5.51% at a $169,900 basis. Equity gained on principal adds $1,096/yr, and annual property appreciation at 5% supports $46,940 by year five. Five-year ROI tracks 75.49% and total cumulative return in cash totals $42,518. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $780/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1964
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38556, Jamestown, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,872 (100%) |
| Owner Occupied HU | 4,350 (63.3%) |
| Renter Occupied HU | 1,403 (20.4%) |
| Vacant Housing Units | 1,119 (16.3%) |
| Median Home Value | $184,229 |
| Average Home Value | $244,028 |
Housing Distribution
Address Breakdown
Residential
5,792
Single Family
5,752
Multi-Family
40
Businesses
412
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Listed by: Todd Stephens • Crye-Leike Brown Executive Realty
Mls Name: UCMLS
Mls Provider:
Mls ID: #228690
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