314 W 2nd StJasperTN37347
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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 314 W 2nd St, Jasper, TN, 37347 generates $2,021/mo in rent, after a $1,762/mo payment. Total monthly income is $2,021/mo. Return on cash invested sits at 18.56% in year one, and rental yield is 6.74% on a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 95.34% and total cumulative return in cash sums $113,781. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,021/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
0.38 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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