656 Uncle Buddys WayJonesboroughTN37659
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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 656 Uncle Buddys Way, Jonesborough, TN, 37659 offers a 7.32% rental yield on a $664,900 purchase with $4,055/mo rent. Total monthly income registers $4,055/mo, and a $3,254/mo payment leaves $75/mo available for distribution. Annual cash flow reaches $902/yr on $218,752 to close, and return on cash invested stands at 20.47% in year one. Equity gained on principal adds $4,290/yr while 5% annual appreciation supports $183,700 over five years. Portfolio math shows five-year ROI at 105.58% and total cumulative return in cash at $230,952. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,055/mo property income against a $3,254/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.65 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: Jim Griffin • LPT Realty - Griffin Home Group
Mls Name: TVRMLS
Mls ID: #9986749