353 Alta Tree BlvdJohnson CityTN37604
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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 Johnson City at 353 Alta Tree Blvd, Johnson City, TN, 37604 priced at $405,875 pairs $2,940/mo rent with $510/mo cash flow after a $1,987/mo payment. Total monthly income equals $2,940/mo, and annual cash flow comes to $6,119/yr on $134,548 invested. Return on cash invested is 24.46% in year one, and rental yield stands at 8.69% on a $405,875 basis. Equity gained on principal adds $2,619/yr, and 5% annual appreciation accumulates to $112,136 by year five. Five-year ROI measures 126.96% and total cumulative return in cash reaches $170,820. For financing, Ziffy Mortgage’s DSCR program evaluates $2,940/mo property income against a $1,987/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37604, Johnson City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,825 (100%) |
| Owner Occupied HU | 9,345 (47.1%) |
| Renter Occupied HU | 8,864 (44.7%) |
| Vacant Housing Units | 1,616 ( 8.2%) |
| Median Home Value | $275,464 |
| Average Home Value | $313,478 |
Housing Distribution
Address Breakdown
Residential
18,525
Single Family
17,738
Multi-Family
787
Businesses
1,598
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Listed by: Mikki Hurley • D.R. Horton Northeast TN
Mls Name: TVRMLS
Mls ID: #9989091