421 Hollywood DrJacksonTN38301
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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
Rental property for sale in Jackson at 421 Hollywood Dr, Jackson, TN, 38301 generates $1,094/mo in rent, after a $1,346/mo payment. Total monthly income is $1,094/mo. Return on cash invested sits at 12.64% in year one, and rental yield is 4.77% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 63.59% and total cumulative return in cash sums $57,971. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,094/mo property income rather than buyer’s personal income.
Multi Family
Built in 1935
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38301, Jackson, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,053 (100%) |
| Owner Occupied HU | 7,280 (45.3%) |
| Renter Occupied HU | 6,658 (41.5%) |
| Vacant Housing Units | 2,115 (13.2%) |
| Median Home Value | $175,069 |
| Average Home Value | $215,870 |
Housing Distribution
Address Breakdown
Residential
15,086
Single Family
13,952
Multi-Family
1,134
Businesses
1,427
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Listed by: Melissa J McPhearson • Conner Real Estate Jackson
Mls Name: CWTAR
Mls Provider:
Mls ID: #2501977
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