117 Mallory DrNew TazewellTN37825
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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
Investment Highlights
Investment property for sale in New Tazewell at 117 Mallory Dr, New Tazewell, TN, 37825 earns from $930/mo rent with a $1,463/mo payment. Total monthly income totals $930/mo. ROI tracks 9.5% on current figures, and rental yield reads 3.73% at a $299,000 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 over five years. Five-year ROI reaches 46.79% and total cumulative return in cash sums $46,378. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $930/mo property income instead of your personal income.
Single Family
Built in 2017
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37825, New Tazewell, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,613 (100%) |
| Owner Occupied HU | 2,887 (62.6%) |
| Renter Occupied HU | 1,026 (22.2%) |
| Vacant Housing Units | 700 (15.2%) |
| Median Home Value | $184,345 |
| Average Home Value | $299,781 |
Housing Distribution
Address Breakdown
Residential
4,013
Single Family
3,860
Multi-Family
153
Businesses
169
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Listed by: Shonda Smart • Turn Key Realty
Mls Name: East Tennessee Realtors
Mls ID: #1311382