38 Mia Gracie CtJohnson CityTN37615
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 Johnson City at 38 Mia Gracie Ct, Johnson City, TN, 37615 with 5% annual appreciation on a $652,200 basis while $3,920/mo rent supports operations. Total monthly income totals $3,920/mo and a $3,192/mo payment preserves $16/mo for cash returns. Annual cash flow comes to $192/yr on $214,574 deployed, and return on cash invested reaches 20.15% in year one. Equity gained on principal adds $4,209/yr, and five-year appreciation sums $180,191 alongside rental yield of 7.21%. Five-year ROI measures 103.85% and total cumulative return in cash totals $222,824.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,920/mo property income versus a $3,192/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2011
0.38 Acres 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
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A