1940 Walnut AveJefferson CityTN37760
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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 Jefferson City at 1940 Walnut Ave, Jefferson City, TN, 37760 uses $79,527 cash to close to unlock $3,997/yr annual cash flow and $333/mo monthly cash flow. Total monthly income runs $1,907/mo, and a $1,174/mo payment keeps the spread at $333/mo. Purchase price stands at $239,900, and rental yield measures 9.54% with $1,907/mo rent. Return on cash invested shows 24.94% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 130.33% and total cumulative return in cash records $103,651. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,907/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Condo
Built in 1992
N/A lot
$N/A/sqft
$138 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37760, Jefferson City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,270 (100%) |
| Owner Occupied HU | 3,622 (57.8%) |
| Renter Occupied HU | 1,975 (31.5%) |
| Vacant Housing Units | 673 (10.7%) |
| Median Home Value | $236,678 |
| Average Home Value | $279,691 |
Housing Distribution
Address Breakdown
Residential
5,842
Single Family
5,670
Multi-Family
172
Businesses
543
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Listed by: Dustin R Weaver • The Real Estate Firm
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1298816
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.