145 E Ravine RdKingsportTN37660
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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 145 E Ravine Rd, Kingsport, TN, 37660 with 5% annual appreciation on a $174,999 basis while $1,320/mo rent supports operations. Total monthly income totals $1,320/mo and a $857/mo payment preserves $272/mo for cash returns. Annual cash flow comes to $3,264/yr on $58,012 deployed, and return on cash invested reaches 25.53% in year one. Equity gained on principal adds $1,129/yr, and five-year appreciation sums $48,349 alongside rental yield of 9.05%. Five-year ROI measures 132.75% and total cumulative return in cash totals $77,011.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,320/mo property income versus a $857/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1926
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37660, Kingsport, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,693 (100%) |
| Owner Occupied HU | 12,165 (58.8%) |
| Renter Occupied HU | 5,925 (28.6%) |
| Vacant Housing Units | 2,603 (12.6%) |
| Median Home Value | $247,053 |
| Average Home Value | $274,228 |
Housing Distribution
Address Breakdown
Residential
19,578
Single Family
18,386
Multi-Family
1,192
Businesses
1,671
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