237 Wells StJacksonTN38301
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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 Jackson at 237 Wells St, Jackson, TN, 38301 priced at $289,900 converts $2,464/mo rent into $729/mo cash flow after a $1,419/mo obligation. Total monthly income equals $2,464/mo, and annual cash flow totals $8,742/yr on $96,102 invested. Return on cash invested prints 29.01% in year one, and rental yield reads 10.2% against a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation compiles into $80,094 by year five. Five-year ROI reaches 151.36% and total cumulative return in cash sums $145,461. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,464/mo property income covering a $1,419/mo payment, not borrower’s personal income.
Single Family
Built in 2016
3,257 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38301, Jackson, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,053 (100%) |
| Owner Occupied HU | 7,280 (45.3%) |
| Renter Occupied HU | 6,658 (41.5%) |
| Vacant Housing Units | 2,115 (13.2%) |
| Median Home Value | $175,069 |
| Average Home Value | $215,870 |
Housing Distribution
Address Breakdown
Residential
15,086
Single Family
13,952
Multi-Family
1,134
Businesses
1,427
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