311 4th St WJasperTN37347
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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 Jasper at 311 4th St W, Jasper, TN, 37347 generates $1,434/mo in rent and, after a $695/mo payment, leaves $584/mo in cash flow. Total monthly income is $1,434/mo, and annual cash flow is $7,008/yr on $47,073 invested. Return on cash invested sits at 34.8% in year one, and rental yield is 12.12% on a $142,000 entry. Equity gained on principal adds $916/yr, while 5% annual appreciation builds toward $39,232 over five years. Five-year ROI reaches 182.4% and total cumulative return in cash sums $85,862. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,434/mo property income rather than buyer’s personal income.
Multi Family
Built in 2001
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37347, Jasper, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,095 (100%) |
| Owner Occupied HU | 2,912 (71.1%) |
| Renter Occupied HU | 766 (18.7%) |
| Vacant Housing Units | 417 (10.2%) |
| Median Home Value | $205,941 |
| Average Home Value | $252,833 |
Housing Distribution
Address Breakdown
Residential
3,556
Single Family
3,467
Multi-Family
89
Businesses
407
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