61 Emerald Ridge CvJacksonTN38305
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Jackson at 61 Emerald Ridge Cv, Jackson, TN, 38305 listed at $311,900 pairs $2,248/mo rent with a $1,527/mo payment to leave $381/mo cash flow. Total monthly income runs $2,248/mo, and annual cash flow reaches $4,566/yr on $103,395 cash to close. Return on cash invested measures 24.33% in year one, and rental yield registers 8.65% at a $311,900 basis. Equity gained on principal adds $2,013/yr, and annual property appreciation at 5% supports $86,172 by year five. Five-year ROI tracks 126.28% and total cumulative return in cash totals $130,564. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,248/mo property income relative to a $1,527/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2006
4,411 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38305, Jackson, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,405 (100%) |
| Owner Occupied HU | 14,534 (62.1%) |
| Renter Occupied HU | 7,317 (31.3%) |
| Vacant Housing Units | 1,554 ( 6.6%) |
| Median Home Value | $272,148 |
| Average Home Value | $321,889 |
Housing Distribution
Address Breakdown
Residential
22,756
Single Family
20,306
Multi-Family
2,450
Businesses
2,097
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices