610 Russell RdJacksonTN38301
INVESTMENT ANALYSIS
Investment Verdict
Solid Income610 Russell Rd, Jackson, TN, 38301 in Jackson earns a respectable 8.02% gross yield at $254,900, but after the $1,146/mo mortgage the net cash flow is $178/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.49) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $70,424 over five years, making equity the dominant return driver. Total projected return: $107,907.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.2% |
| Monthly Cash Flow | $178 | $450 |
City averages based on Jackson market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,704 |
| Total Monthly Debt Service | $1,424 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1966
0.31 Acres 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
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
Single Family
Built in 1966
0.31 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices