115 Beechnut St APT E5Johnson 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
Total monthly income runs $908/mo, and a $568/mo payment. Purchase price stands at $116,000, and rental yield measures 9.39% with $908/mo rent. Return on cash invested shows 18.67% in year one, and 5% annual appreciation builds toward $32,049 over five years. Five-year ROI reaches 98.92% and total cumulative return in cash records $38,039. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $908/mo property income covering a $568/mo payment rather than investor’s personal income.
Condo
Built in 1979
435.60 sqft lot
$N/A/sqft
$250 monthly 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: Janet McGlohn • United Real Estate Solutions
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1306537
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Hendrik Van Leesten - (865) 378-5282.