1156 Powder Branch Rd APT 3ElizabethtonTN37643
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow1156 Powder Branch Rd APT 3, Elizabethton, TN, 37643 in Elizabethton is a top-tier cash-flow asset. At $199,900 it produces $2,069/mo in rent and $872/mo in net monthly income, a 12.42% gross rental yield. The DSCR of 2.30 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $10,466. Five-year appreciation adds $55,229, driving a total cumulative return of $131,750.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 12.4% | 6.2% |
| Monthly Cash Flow | $872 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,069 |
| Total Monthly Debt Service | $1,117 |
| DSCR Ratio | 1.85x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1996
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37643, Elizabethton, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,445 (100%) |
| Owner Occupied HU | 10,531 (64.0%) |
| Renter Occupied HU | 4,269 (26.0%) |
| Vacant Housing Units | 1,645 (10.0%) |
| Median Home Value | $174,872 |
| Average Home Value | $218,669 |
Housing Distribution
Address Breakdown
Residential
15,600
Single Family
15,474
Multi-Family
126
Businesses
914
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1996
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37643, Elizabethton, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,445 (100%) |
| Owner Occupied HU | 10,531 (64.0%) |
| Renter Occupied HU | 4,269 (26.0%) |
| Vacant Housing Units | 1,645 (10.0%) |
| Median Home Value | $174,872 |
| Average Home Value | $218,669 |
Housing Distribution
Address Breakdown
Residential
15,600
Single Family
15,474
Multi-Family
126
Businesses
914
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Gorley • Crye-Leike Realtors
Mls Name: TVRMLS
Mls ID: #9985669