131 Deadrick DrKingsportTN37663
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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
Investment property for sale in Kingsport at 131 Deadrick Dr, Kingsport, TN, 37663 with 5% annual appreciation on a $255,000 basis while $2,087/mo rent supports operations. Total monthly income totals $2,087/mo and a $1,248/mo payment preserves $561/mo for cash returns. Annual cash flow comes to $6,728/yr on $84,533 deployed, and return on cash invested reaches 27.87% in year one. Equity gained on principal adds $1,645/yr, and five-year appreciation sums $70,452 alongside rental yield of 9.82%. Five-year ROI measures 145.27% and total cumulative return in cash totals $122,804.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,087/mo property income versus a $1,248/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1958
0.44 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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