3848 Ra Griffith HwyJasperTN37347
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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
Investment property for sale in Jasper at 3848 Ra Griffith Hwy, Jasper, TN, 37347 uses $66,267 cash to close to unlock $8,241/yr annual cash flow and $687/mo monthly cash flow. Total monthly income runs $1,883/mo, and a $978/mo payment keeps the spread at $687/mo. Purchase price stands at $199,900, and rental yield measures 11.3% with $1,883/mo rent. Return on cash invested shows 32.35% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 169.28% and total cumulative return in cash records $112,177. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,883/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1959
0.53 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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Listed by: Amber Lee • WEICHERT REALTORS - SEM Associates
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1297218
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Hendrik Van Leesten - (865) 378-5282.