2296 Memory Garden RdJamestownTN38556
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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 Jamestown at 2296 Memory Garden Rd, Jamestown, TN, 38556 earns from $780/mo rent with a $1,253/mo payment. Total monthly income totals $780/mo. ROI tracks 9.27% on current figures, and rental yield reads 3.66% at a $255,900 purchase. Equity gained on principal adds $1,651/yr, and 5% annual appreciation supports $70,700 over five years. Five-year ROI reaches 45.52% and total cumulative return in cash sums $38,618. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $780/mo property income instead of your personal income.
Single Family
Built in 2020
1.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38556, Jamestown, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,872 (100%) |
| Owner Occupied HU | 4,350 (63.3%) |
| Renter Occupied HU | 1,403 (20.4%) |
| Vacant Housing Units | 1,119 (16.3%) |
| Median Home Value | $184,229 |
| Average Home Value | $244,028 |
Housing Distribution
Address Breakdown
Residential
5,792
Single Family
5,752
Multi-Family
40
Businesses
412
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