268 Laurel CynGrayTN37615
Nearby investment properties with comparable rents
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 Gray at 268 Laurel Cyn, Gray, TN, 37615 earns from $5,428/mo rent with a $4,950/mo payment. Total monthly income totals $5,428/mo. ROI tracks 18.01% on current figures, and rental yield reads 6.44% at a $1,011,300 purchase. Equity gained on principal adds $6,526/yr, and 5% annual appreciation supports $279,404 over five years. Five-year ROI reaches 92.3% and total cumulative return in cash sums $302,423. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,428/mo property income instead of your personal income.
Single Family
Built in 2017
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37615, Johnson City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,820 (100%) |
| Owner Occupied HU | 7,429 (68.7%) |
| Renter Occupied HU | 2,625 (24.3%) |
| Vacant Housing Units | 766 ( 7.1%) |
| Median Home Value | $332,604 |
| Average Home Value | $375,584 |
Housing Distribution
Address Breakdown
Residential
10,926
Single Family
10,358
Multi-Family
568
Businesses
735
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices