124 Arlington CirKingsportTN37663
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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 Kingsport at 124 Arlington Cir, Kingsport, TN, 37663 priced at $419,999 converts $2,719/mo rent into $205/mo cash flow after a $2,056/mo obligation. Total monthly income equals $2,719/mo, and annual cash flow totals $2,454/yr on $139,230 invested. Return on cash invested prints 21.67% in year one, and rental yield reads 7.77% against a $419,999 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation compiles into $116,038 by year five. Five-year ROI reaches 112.04% and total cumulative return in cash sums $155,995. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,719/mo property income covering a $2,056/mo payment, not borrower’s personal income.
Single Family
Built in 1973
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37663, Kingsport, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,863 (100%) |
| Owner Occupied HU | 5,358 (78.1%) |
| Renter Occupied HU | 1,125 (16.4%) |
| Vacant Housing Units | 380 ( 5.5%) |
| Median Home Value | $297,832 |
| Average Home Value | $339,189 |
Housing Distribution
Address Breakdown
Residential
6,452
Single Family
6,452
Multi-Family
0
Businesses
450
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