235 Hardeman StGrand JunctionTN38039
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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
Investment Highlights
Investment property for sale in Grand Junction at 235 Hardeman St, Grand Junction, TN, 38039 at $168,900 posts ROI 30.87% with $512/mo cash flow from $1,523/mo rent. Total monthly income equals $1,523/mo, and annual cash flow records $6,139/yr on $55,990 to close. Return on cash invested measures 30.87% and rental yield reads 10.82% at the current $168,900. Equity gained on principal adds $1,090/yr, and 5% annual appreciation supports $46,664 by year five. Five-year ROI prints 161.41% and total cumulative return in cash totals $90,372.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,523/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1992
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38039, Grand Junction, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 759 (100%) |
| Owner Occupied HU | 540 (71.1%) |
| Renter Occupied HU | 122 (16.1%) |
| Vacant Housing Units | 97 (12.8%) |
| Median Home Value | $150,000 |
| Average Home Value | $221,014 |
Housing Distribution
Address Breakdown
Residential
600
Single Family
600
Multi-Family
0
Businesses
54
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Listed by: Sabrina D Moore • BHHS McLemore & Co., Realty
Mls Name: MAAR
Mls ID: #10209392