174 Boones Station RdJohnson CityTN37615
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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 Johnson City at 174 Boones Station Rd, Johnson City, TN, 37615 offers $2,626/mo rent that, after a $4,160/mo payment. Total monthly income is $2,626/mo. Return on cash invested measures 9.5% in year one, and rental yield stands at 3.71% at a $849,900 entry. Equity gained on principal adds $5,484/yr while 5% annual appreciation compounds into $234,812 by year five. Five-year ROI records 46.7% and total cumulative return in cash reaches $130,586. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,626/mo property income versus a $4,160/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.46 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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Listed by: Maci Ferguson • Property Executives Johnson City
Mls Name: TVRMLS
Mls ID: #9990243