528 Parrish LnJefferson CityTN37760
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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 Jefferson City at 528 Parrish Ln, Jefferson City, TN, 37760 priced at $249,900 converts $2,473/mo rent into $977/mo cash flow after a $1,223/mo obligation. Total monthly income equals $2,473/mo, and annual cash flow totals $11,726/yr on $82,842 invested. Return on cash invested prints 34.06% in year one, and rental yield reads 11.88% against a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,043 by year five. Five-year ROI reaches 178.54% and total cumulative return in cash sums $147,902. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,473/mo property income covering a $1,223/mo payment, not borrower’s personal income.
Single Family
Built in 1968
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37760, Jefferson City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,270 (100%) |
| Owner Occupied HU | 3,622 (57.8%) |
| Renter Occupied HU | 1,975 (31.5%) |
| Vacant Housing Units | 673 (10.7%) |
| Median Home Value | $236,678 |
| Average Home Value | $279,691 |
Housing Distribution
Address Breakdown
Residential
5,842
Single Family
5,670
Multi-Family
172
Businesses
543
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Listed by: Jenna Carter • Keller Williams Realty Johnson City
Mls Name: Lakeway Area AOR
Mls ID: #708896