1940 Walnut AveJefferson CityTN37760
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 1940 Walnut Ave, Jefferson City, TN, 37760 in Jefferson City delivers $1,907/mo in gross rent and $333/mo in net monthly income at a $239,900 entry. The 9.54% yield and 1.77 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $66,280 over five years and $2,210/yr in equity from loan paydown, total projected return is $112,809.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.2% |
| Monthly Cash Flow | $333 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,907 |
| Total Monthly Debt Service | $1,479 |
| DSCR Ratio | 1.29x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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.