321 Wheeler LnJamestownTN38556
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
Rental property for sale in Jamestown at 321 Wheeler Ln, Jamestown, TN, 38556 generates $780/mo in rent and, after a $538/mo payment, leaves $122/mo in cash flow. Total monthly income is $780/mo, and annual cash flow is $1,463/yr on $36,465 invested. Return on cash invested sits at 23.92% in year one, and rental yield is 8.51% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 124.1% and total cumulative return in cash sums $45,252. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $780/mo property income rather than buyer’s personal income.
Single Family
Built in 1982
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38556, Jamestown, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,872 (100%) |
| Owner Occupied HU | 4,350 (63.3%) |
| Renter Occupied HU | 1,403 (20.4%) |
| Vacant Housing Units | 1,119 (16.3%) |
| Median Home Value | $184,229 |
| Average Home Value | $244,028 |
Housing Distribution
Address Breakdown
Residential
5,792
Single Family
5,752
Multi-Family
40
Businesses
412
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices