407 W 3rd StJasperTN37347
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 Jasper at 407 W 3rd St, Jasper, TN, 37347 listed at $185,000 pairs $1,434/mo rent with a $905/mo payment to leave $327/mo cash flow. Total monthly income runs $1,434/mo, and annual cash flow reaches $3,924/yr on $61,328 cash to close. Return on cash invested measures 26.31% in year one, and rental yield registers 9.3% at a $185,000 basis. Equity gained on principal adds $1,194/yr, and annual property appreciation at 5% supports $51,112 by year five. Five-year ROI tracks 136.97% and total cumulative return in cash totals $84,003. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,434/mo property income relative to a $905/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1997
9,147 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices