202 Magnolia AveJasperTN37347
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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 Jasper at 202 Magnolia Ave, Jasper, TN, 37347 offers a 9.8% rental yield on a $224,000 purchase with $1,830/mo rent. Total monthly income registers $1,830/mo, and a $1,096/mo payment leaves $489/mo available for distribution. Annual cash flow reaches $5,874/yr on $74,256 to close, and return on cash invested stands at 27.82% in year one. Equity gained on principal adds $1,445/yr while 5% annual appreciation supports $61,887 over five years. Portfolio math shows five-year ROI at 145.02% and total cumulative return in cash at $107,683. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,830/mo property income against a $1,096/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37347, Jasper, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,095 (100%) |
| Owner Occupied HU | 2,912 (71.1%) |
| Renter Occupied HU | 766 (18.7%) |
| Vacant Housing Units | 417 (10.2%) |
| Median Home Value | $205,941 |
| Average Home Value | $252,833 |
Housing Distribution
Address Breakdown
Residential
3,556
Single Family
3,467
Multi-Family
89
Businesses
407
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