307 Cookie LoopGrayTN37615
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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 Gray at 307 Cookie Loop, Gray, TN, 37615 with 5% annual appreciation on a $368,175 basis while $2,626/mo rent supports operations. Total monthly income totals $2,626/mo and a $1,802/mo payment preserves $385/mo for cash returns. Annual cash flow comes to $4,615/yr on $122,050 deployed, and return on cash invested reaches 23.69% in year one. Equity gained on principal adds $2,376/yr, and five-year appreciation sums $101,720 alongside rental yield of 8.56%. Five-year ROI measures 122.99% and total cumulative return in cash totals $150,104.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,626/mo property income versus a $1,802/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
7,405 sqft lot
$N/A/sqft
$450 annually 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
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Listed by: Emily Dillow • D.R. Horton Northeast TN
Mls Name: TVRMLS
Mls ID: #9979149
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