1324 Hillside 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
Investment property for sale in Elizabethton at 1324 Hillside Dr, Elizabethton, TN, 37643 earns from $1,174/mo rent with a $1,126/mo payment. Total monthly income totals $1,174/mo. ROI tracks 16.71% on current figures, and rental yield reads 6.13% at a $230,000 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 over five years. Five-year ROI reaches 85.44% and total cumulative return in cash sums $65,143. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,174/mo property income instead of your personal income.
Single Family
Built in 1945
2.40 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: Melanie Whaley • Mountain Heritage Realty
Mls Name: TVRMLS
Mls ID: #9989123