611 Fall StJohnson CityTN37604
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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 Johnson City at 611 Fall St, Johnson City, TN, 37604 uses $34,808 cash to close to unlock $2,560/yr annual cash flow and $213/mo monthly cash flow. Total monthly income runs $842/mo, and a $514/mo payment keeps the spread at $213/mo. Purchase price stands at $105,000, and rental yield measures 9.62% with $842/mo rent. Return on cash invested shows 27.26% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 142.11% and total cumulative return in cash records $49,466. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $842/mo property income covering a $514/mo payment rather than investor’s personal income.
Single Family
Built in 1930
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37604, Johnson City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,825 (100%) |
| Owner Occupied HU | 9,345 (47.1%) |
| Renter Occupied HU | 8,864 (44.7%) |
| Vacant Housing Units | 1,616 ( 8.2%) |
| Median Home Value | $275,464 |
| Average Home Value | $313,478 |
Housing Distribution
Address Breakdown
Residential
18,525
Single Family
17,738
Multi-Family
787
Businesses
1,598
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Listed by: Dan Rutledge • Tri-Cities Realty, Inc.
Mls Name: TVRMLS
Mls ID: #9990060