163 Carmon CirTazewellTN37879
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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 163 Carmon Cir, Tazewell, TN, 37879 generates $1,416/mo in rent and, after a $728/mo payment, leaves $526/mo in cash flow. Total monthly income is $1,416/mo, and annual cash flow is $6,308/yr on $49,294 invested. Return on cash invested sits at 32.71% in year one, and rental yield is 11.43% on a $148,700 entry. Equity gained on principal adds $960/yr, while 5% annual appreciation builds toward $41,083 over five years. Five-year ROI reaches 171.25% and total cumulative return in cash sums $84,414. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,416/mo property income rather than buyer’s personal income.
Manufactured
Built in 1975
0.38 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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