110 Gladys LnTazewellTN37879
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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
Rental property for sale in Tazewell at 110 Gladys Ln, Tazewell, TN, 37879 priced at $347,000 converts $1,320/mo rent into after a $1,698/mo obligation. Total monthly income equals $1,320/mo. Return on cash invested prints 12.01% in year one, and rental yield reads 4.56% against a $347,000 entry. Equity gained on principal adds $2,239/yr, while 5% annual appreciation compiles into $95,870 by year five. Five-year ROI reaches 60.27% and total cumulative return in cash sums $69,332. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,320/mo property income covering a $1,698/mo payment, not borrower’s personal income.
Single Family
Built in 2023
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37879, Tazewell, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,129 (100%) |
| Owner Occupied HU | 3,265 (63.7%) |
| Renter Occupied HU | 1,197 (23.3%) |
| Vacant Housing Units | 667 (13.0%) |
| Median Home Value | $183,614 |
| Average Home Value | $268,640 |
Housing Distribution
Address Breakdown
Residential
4,717
Single Family
4,642
Multi-Family
75
Businesses
320
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Listed by: Misti McGrath • Realty Group
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1297996
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Hendrik Van Leesten - (865) 378-5282.