114 Whisper Wood LnJohnson CityTN37601
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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 Johnson City at 114 Whisper Wood Ln, Johnson City, TN, 37601 offers a 8.15% rental yield on a $349,000 purchase with $2,371/mo rent. Total monthly income registers $2,371/mo, and a $1,708/mo payment leaves $282/mo available for distribution. Annual cash flow reaches $3,384/yr on $115,694 to close, and return on cash invested stands at 22.83% in year one. Equity gained on principal adds $2,252/yr while 5% annual appreciation supports $96,422 over five years. Portfolio math shows five-year ROI at 118.31% and total cumulative return in cash at $136,872. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,371/mo property income against a $1,708/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37601, Johnson City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,636 (100%) |
| Owner Occupied HU | 9,560 (51.3%) |
| Renter Occupied HU | 7,226 (38.8%) |
| Vacant Housing Units | 1,850 ( 9.9%) |
| Median Home Value | $241,667 |
| Average Home Value | $283,480 |
Housing Distribution
Address Breakdown
Residential
17,656
Single Family
16,775
Multi-Family
881
Businesses
1,516
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Listed by: Marsha Bradford • Century 21 Legacy
Mls Name: TVRMLS
Mls ID: #9983056