464 Jonesboro RdPiney FlatsTN37686
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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 Piney Flats at 464 Jonesboro Rd, Piney Flats, TN, 37686 offers $3,050/mo rent that, after a $2,200/mo payment, leaves $359/mo cash flow. Total monthly income is $3,050/mo, and annual cash flow is $4,312/yr on $149,009 cash. Return on cash invested measures 22.8% in year one, and rental yield stands at 8.14% at a $449,500 entry. Equity gained on principal adds $2,901/yr while 5% annual appreciation compounds into $124,189 by year five. Five-year ROI records 118.11% and total cumulative return in cash reaches $175,997. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,050/mo property income versus a $2,200/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37686, Piney Flats, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,293 (100%) |
| Owner Occupied HU | 2,969 (69.2%) |
| Renter Occupied HU | 890 (20.7%) |
| Vacant Housing Units | 434 (10.1%) |
| Median Home Value | $341,261 |
| Average Home Value | $382,217 |
Housing Distribution
Address Breakdown
Residential
4,122
Single Family
4,122
Multi-Family
0
Businesses
267
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Listed by: Sara Banks • Property Executives Johnson City
Mls Name: TVRMLS
Mls ID: #9986403