404 Mountain View Rd #104Johnson CityTN37601
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 404 Mountain View Rd #104, Johnson City, TN, 37601 listed at $411,000 pairs $2,028/mo rent with a $2,012/mo payment. Total monthly income runs $2,028/mo. Return on cash invested measures 14.56% in year one, and rental yield registers 5.92% at a $411,000 basis. Equity gained on principal adds $2,652/yr, and annual property appreciation at 5% supports $113,552 by year five. Five-year ROI tracks 74.44% and total cumulative return in cash totals $101,425. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,028/mo property income relative to a $2,012/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2006
N/A lot
$N/A/sqft
$175 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37601, Johnson City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,636 (100%) |
| Owner Occupied HU | 9,560 (51.3%) |
| Renter Occupied HU | 7,226 (38.8%) |
| Vacant Housing Units | 1,850 ( 9.9%) |
| Median Home Value | $241,667 |
| Average Home Value | $283,480 |
Housing Distribution
Address Breakdown
Residential
17,656
Single Family
16,775
Multi-Family
881
Businesses
1,516
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa Townsend • REMAX Checkmate, Inc. Realtors
Mls Name: TVRMLS
Mls ID: #9977950
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. Some or all of the listings displayed may not belong to the firm whose website is being visited Listing information is deemed reliable, but not guaranteed.