1363 N Highway 91ElizabethtonTN37643
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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
Total monthly income runs $1,980/mo, and a $2,080/mo payment. Purchase price stands at $425,000, and rental yield measures 5.59% with $1,980/mo rent. Return on cash invested shows 15.11% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 76.84% and total cumulative return in cash records $108,257. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,980/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 1993
0.95 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: Judy Veeneman • Rainbow Realty & Auction
Mls Name: TVRMLS
Mls ID: #9988893