141 Alfalfa LnJonesboroughTN37659
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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 Jonesborough at 141 Alfalfa Ln, Jonesborough, TN, 37659 with 5% annual appreciation on a $399,999 basis while $2,923/mo rent supports operations. Total monthly income totals $2,923/mo and a $1,958/mo payment preserves $528/mo for cash returns. Annual cash flow comes to $6,340/yr on $132,600 deployed, and return on cash invested reaches 24.69% in year one. Equity gained on principal adds $2,581/yr, and five-year appreciation sums $110,512 alongside rental yield of 8.77%. Five-year ROI measures 128.23% and total cumulative return in cash totals $170,031.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,923/mo property income versus a $1,958/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2000
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37659, Jonesborough, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,559 (100%) |
| Owner Occupied HU | 10,481 (77.3%) |
| Renter Occupied HU | 2,122 (15.7%) |
| Vacant Housing Units | 956 ( 7.1%) |
| Median Home Value | $339,111 |
| Average Home Value | $421,775 |
Housing Distribution
Address Breakdown
Residential
13,286
Single Family
13,212
Multi-Family
74
Businesses
533
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Listed by: Dan Rutledge • Tri-Cities Realty, Inc.
Mls Name: TVRMLS
Mls ID: #9988226