639 Old State Route 34JonesboroughTN37659
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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 Jonesborough at 639 Old State Route 34, Jonesborough, TN, 37659 earns $589/mo cash flow from $2,378/mo rent with a $1,463/mo payment. Total monthly income totals $2,378/mo, and annual cash flow totals $7,063/yr on $99,119 capital. ROI tracks 27.03% on current figures, and rental yield reads 9.54% at a $299,000 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 over five years. Five-year ROI reaches 140.8% and total cumulative return in cash sums $139,558. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,378/mo property income instead of your personal income.
Single Family
Built in 1994
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37659, Jonesborough, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,559 (100%) |
| Owner Occupied HU | 10,481 (77.3%) |
| Renter Occupied HU | 2,122 (15.7%) |
| Vacant Housing Units | 956 ( 7.1%) |
| Median Home Value | $339,111 |
| Average Home Value | $421,775 |
Housing Distribution
Address Breakdown
Residential
13,286
Single Family
13,212
Multi-Family
74
Businesses
533
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Listed by: Dylan Holly • The Elite Team Agency
Mls Name: TVRMLS
Mls ID: #9986089