24 Richland CvJacksonTN38305
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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 Jackson at 24 Richland Cv, Jackson, TN, 38305 earns $738/mo cash flow from $3,638/mo rent with a $2,371/mo payment. Total monthly income totals $3,638/mo, and annual cash flow totals $8,857/yr on $160,612 capital. ROI tracks 25.42% on current figures, and rental yield reads 9.01% at a $484,500 purchase. Equity gained on principal adds $3,126/yr, and 5% annual appreciation supports $133,858 over five years. Five-year ROI reaches 132.17% and total cumulative return in cash sums $212,281. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,638/mo property income instead of your personal income.
Single Family
Built in 1997
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38305, Jackson, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,405 (100%) |
| Owner Occupied HU | 14,534 (62.1%) |
| Renter Occupied HU | 7,317 (31.3%) |
| Vacant Housing Units | 1,554 ( 6.6%) |
| Median Home Value | $272,148 |
| Average Home Value | $321,889 |
Housing Distribution
Address Breakdown
Residential
22,756
Single Family
20,306
Multi-Family
2,450
Businesses
2,097
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Listed by: Caleb Houston • Greer Real Estate Group
Mls Name: CWTAR
Mls Provider:
Mls ID: #245321
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