260 Smith DrGrand JunctionTN38039
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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 Grand Junction at 260 Smith Dr, Grand Junction, TN, 38039 earns from $2,275/mo rent with a $2,570/mo payment. Total monthly income totals $2,275/mo. ROI tracks 14.03% on current figures, and rental yield reads 5.2% at a $525,000 purchase. Equity gained on principal adds $3,388/yr, and 5% annual appreciation supports $145,048 over five years. Five-year ROI reaches 71.01% and total cumulative return in cash sums $122,649. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,275/mo property income instead of your personal income.
Single Family
Built in 1972
1 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: Darnell M McCurdy • Crye-Leike, Inc., REALTORS
Mls Name: MAAR
Mls ID: #10205867