1058 Clearview DrNewportTN37821
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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 Newport at 1058 Clearview Dr, Newport, TN, 37821 listed at $669,000 pairs $2,977/mo rent with a $3,274/mo payment. Total monthly income runs $2,977/mo. Return on cash invested measures 14.46% in year one, and rental yield registers 5.34% at a $669,000 basis. Equity gained on principal adds $4,317/yr, and annual property appreciation at 5% supports $184,832 by year five. Five-year ROI tracks 73.31% and total cumulative return in cash totals $161,367. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,977/mo property income relative to a $3,274/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2008
3.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37821, Newport, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,415 (100%) |
| Owner Occupied HU | 6,987 (61.2%) |
| Renter Occupied HU | 3,248 (28.5%) |
| Vacant Housing Units | 1,180 (10.3%) |
| Median Home Value | $178,191 |
| Average Home Value | $259,487 |
Housing Distribution
Address Breakdown
Residential
10,979
Single Family
10,705
Multi-Family
274
Businesses
755
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