1512 Cave Springs RdTazewellTN37879
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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 Tazewell at 1512 Cave Springs Rd, Tazewell, TN, 37879 priced at $168,000 pairs $1,872/mo rent with $867/mo cash flow after a $822/mo payment. Total monthly income equals $1,872/mo, and annual cash flow comes to $10,399/yr on $55,692 invested. Return on cash invested is 38.58% in year one, and rental yield stands at 13.37% on a $168,000 basis. Equity gained on principal adds $1,084/yr, and 5% annual appreciation accumulates to $46,415 by year five. Five-year ROI measures 202.75% and total cumulative return in cash reaches $112,913. For financing, Ziffy Mortgage’s DSCR program evaluates $1,872/mo property income against a $822/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2022
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37879, Tazewell, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,129 (100%) |
| Owner Occupied HU | 3,265 (63.7%) |
| Renter Occupied HU | 1,197 (23.3%) |
| Vacant Housing Units | 667 (13.0%) |
| Median Home Value | $183,614 |
| Average Home Value | $268,640 |
Housing Distribution
Address Breakdown
Residential
4,717
Single Family
4,642
Multi-Family
75
Businesses
320
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Listed by: Tuesdee Davis • Tennessee Tuesdee Real Estate, LLC
Mls Name: Lakeway Area AOR
Mls Provider:
Mls ID: #704838
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.