502 Wisdom StJacksonTN38301
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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 502 Wisdom St, Jackson, TN, 38301 priced at $189,900 pairs $1,836/mo rent with $700/mo cash flow after a $929/mo payment. Total monthly income equals $1,836/mo, and annual cash flow comes to $8,396/yr on $62,952 invested. Return on cash invested is 33.25% in year one, and rental yield stands at 11.6% on a $189,900 basis. Equity gained on principal adds $1,225/yr, and 5% annual appreciation accumulates to $52,466 by year five. Five-year ROI measures 174.12% and total cumulative return in cash reaches $109,613. For financing, Ziffy Mortgage’s DSCR program evaluates $1,836/mo property income against a $929/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1922
5,227 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: Brad Greer • Greer Real Estate Group
Mls Name: CWTAR
Mls Provider:
Mls ID: #247093
Disclaimer: Some or all of the listings displayed may not belong to the firm whose website is being visited. 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. Information is deemed reliable but not guaranteed.