Salem Plan, Archer's PointeJohnson 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 Salem Plan, Archer's Pointe, Johnson City, TN, 37604 with 5% annual appreciation on a $388,990 basis while $3,515/mo rent supports operations. Total monthly income totals $3,515/mo and a $1,904/mo payment preserves $1,186/mo for cash returns. Annual cash flow comes to $14,236/yr on $128,950 deployed, and return on cash invested reaches 30.95% in year one. Equity gained on principal adds $2,510/yr, and five-year appreciation sums $107,471 alongside rental yield of 10.84%. Five-year ROI measures 161.8% and total cumulative return in cash totals $208,635.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,515/mo property income versus a $1,904/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A 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: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A