607 Liveoak CtGrayTN37615
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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 Gray at 607 Liveoak Ct, Gray, TN, 37615 earns $821/mo cash flow from $4,292/mo rent with a $2,838/mo payment. Total monthly income totals $4,292/mo, and annual cash flow totals $9,851/yr on $190,787 capital. ROI tracks 25.22% on current figures, and rental yield reads 8.88% at a $579,900 purchase. Equity gained on principal adds $3,742/yr, and 5% annual appreciation supports $160,216 over five years. Five-year ROI reaches 131.03% and total cumulative return in cash sums $249,997. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,292/mo property income instead of your personal income.
Single Family
Built in 1988
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37615, Johnson City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,820 (100%) |
| Owner Occupied HU | 7,429 (68.7%) |
| Renter Occupied HU | 2,625 (24.3%) |
| Vacant Housing Units | 766 ( 7.1%) |
| Median Home Value | $332,604 |
| Average Home Value | $375,584 |
Housing Distribution
Address Breakdown
Residential
10,926
Single Family
10,358
Multi-Family
568
Businesses
735
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