339 Cookie LoopGrayTN37615
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 339 Cookie Loop, Gray, TN, 37615 earns $634/mo cash flow from $3,265/mo rent with a $2,151/mo payment. Total monthly income totals $3,265/mo, and annual cash flow totals $7,611/yr on $145,694 capital. ROI tracks 25.13% on current figures, and rental yield reads 8.91% at a $439,500 purchase. Equity gained on principal adds $2,836/yr, and 5% annual appreciation supports $121,426 over five years. Five-year ROI reaches 130.61% and total cumulative return in cash sums $190,293. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,265/mo property income instead of your personal income.
Single Family
Built in 2025
8,712 sqft 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