128 Tanner DrElizabethtonTN37643
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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 Elizabethton at 128 Tanner Dr, Elizabethton, TN, 37643 priced at $519,900 converts $2,160/mo rent into after a $2,545/mo obligation. Total monthly income equals $2,160/mo. Return on cash invested prints 13.38% in year one, and rental yield reads 4.99% against a $519,900 entry. Equity gained on principal adds $3,355/yr, while 5% annual appreciation compiles into $143,639 by year five. Five-year ROI reaches 67.53% and total cumulative return in cash sums $115,516. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,160/mo property income covering a $2,545/mo payment, not borrower’s personal income.
Single Family
Built in 1986
4.03 Acres 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
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Listed by: Amber Crum • Epique Realty
Mls Name: TVRMLS
Mls ID: #9981679