113 Laurel DrJamestownTN38556
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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 Jamestown at 113 Laurel Dr, Jamestown, TN, 38556 priced at $299,929 converts $2,338/mo rent into $543/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,338/mo, and annual cash flow totals $6,511/yr on $99,426 invested. Return on cash invested prints 26.46% in year one, and rental yield reads 9.35% against a $299,929 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation compiles into $82,865 by year five. Five-year ROI reaches 137.71% and total cumulative return in cash sums $136,922. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,338/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 1995
0.48 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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