231 Maple Ridge DrJonesboroughTN37659
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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 Jonesborough at 231 Maple Ridge Dr, Jonesborough, TN, 37659 generates $2,680/mo in rent and, after a $1,990/mo payment, leaves $246/mo in cash flow. Total monthly income is $2,680/mo, and annual cash flow is $2,954/yr on $134,788 invested. Return on cash invested sits at 22.1% in year one, and rental yield is 7.91% on a $406,600 entry. Equity gained on principal adds $2,624/yr, while 5% annual appreciation builds toward $112,336 over five years. Five-year ROI reaches 114.35% and total cumulative return in cash sums $154,128. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,680/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37659, Jonesborough, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,559 (100%) |
| Owner Occupied HU | 10,481 (77.3%) |
| Renter Occupied HU | 2,122 (15.7%) |
| Vacant Housing Units | 956 ( 7.1%) |
| Median Home Value | $339,111 |
| Average Home Value | $421,775 |
Housing Distribution
Address Breakdown
Residential
13,286
Single Family
13,212
Multi-Family
74
Businesses
533
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