411 Elm AveJasperTN37347
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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 411 Elm Ave, Jasper, TN, 37347 with 5% annual appreciation on a $385,000 basis while $4,320/mo rent supports operations. Total monthly income totals $4,320/mo and a $1,884/mo payment preserves $2,016/mo for cash returns. Annual cash flow comes to $24,189/yr on $127,628 deployed, and return on cash invested reaches 38.86% in year one. Equity gained on principal adds $2,484/yr, and five-year appreciation sums $106,368 alongside rental yield of 13.46%. Five-year ROI measures 204.21% and total cumulative return in cash totals $260,626.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,320/mo property income versus a $1,884/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1970
0.25 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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