14 Chaucer CtGrayTN37615
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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 Gray at 14 Chaucer Ct, Gray, TN, 37615 earns $742/mo cash flow from $2,868/mo rent with a $1,738/mo payment. Total monthly income totals $2,868/mo, and annual cash flow totals $8,910/yr on $117,683 capital. ROI tracks 27.48% on current figures, and rental yield reads 9.69% at a $355,000 purchase. Equity gained on principal adds $2,291/yr, and 5% annual appreciation supports $98,080 over five years. Five-year ROI reaches 143.18% and total cumulative return in cash sums $168,504. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,868/mo property income instead of your personal income.
Single Family
Built in 1985
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37615, Johnson City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,820 (100%) |
| Owner Occupied HU | 7,429 (68.7%) |
| Renter Occupied HU | 2,625 (24.3%) |
| Vacant Housing Units | 766 ( 7.1%) |
| Median Home Value | $332,604 |
| Average Home Value | $375,584 |
Housing Distribution
Address Breakdown
Residential
10,926
Single Family
10,358
Multi-Family
568
Businesses
735
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