507 Jonesboro DrBluff CityTN37618
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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 Bluff City at 507 Jonesboro Dr, Bluff City, TN, 37618 earns $396/mo cash flow from $2,185/mo rent with a $1,463/mo payment. Total monthly income totals $2,185/mo, and annual cash flow totals $4,747/yr on $99,119 capital. ROI tracks 24.7% on current figures, and rental yield reads 8.77% at a $299,000 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 over five years. Five-year ROI reaches 128.27% and total cumulative return in cash sums $127,138. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,185/mo property income instead of your personal income.
Single Family
Built in 2005
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37618, Bluff City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,161 (100%) |
| Owner Occupied HU | 4,582 (74.4%) |
| Renter Occupied HU | 979 (15.9%) |
| Vacant Housing Units | 600 ( 9.7%) |
| Median Home Value | $266,573 |
| Average Home Value | $299,559 |
Housing Distribution
Address Breakdown
Residential
5,680
Single Family
5,680
Multi-Family
0
Businesses
245
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Listed by: Tracy Lewis • The Addington Agency Bristol
Mls Name: TVRMLS
Mls ID: #9982880