203 Glen Oaks DrJohnson 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 203 Glen Oaks Dr, Johnson City, TN, 37615 priced at $519,900 pairs $2,480/mo rent with after a $2,545/mo payment. Total monthly income equals $2,480/mo. Return on cash invested is 15.62% in year one, and rental yield stands at 5.72% on a $519,900 basis. Equity gained on principal adds $3,355/yr, and 5% annual appreciation accumulates to $143,639 by year five. Five-year ROI measures 79.57% and total cumulative return in cash reaches $136,108. For financing, Ziffy Mortgage’s DSCR program evaluates $2,480/mo property income against a $2,545/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1997
0.44 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: Melody Hughes • Hurd Realty, LLC
Mls Name: TVRMLS
Mls ID: #9989672