127 Chipmunk Hollow WayNewportTN37821
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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 Newport at 127 Chipmunk Hollow Way, Newport, TN, 37821 priced at $269,900 converts $2,332/mo rent into $716/mo cash flow after a $1,321/mo obligation. Total monthly income equals $2,332/mo, and annual cash flow totals $8,596/yr on $89,472 invested. Return on cash invested prints 29.52% in year one, and rental yield reads 10.37% against a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,568 by year five. Five-year ROI reaches 154.14% and total cumulative return in cash sums $137,910. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,332/mo property income covering a $1,321/mo payment, not borrower’s personal income.
Manufactured
Built in 2003
2 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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